200 Springtree Dr Columbia, SC 29223

Property Details for 200 Springtree Dr

Year built

2005

Construction

FRAME

Lot size

1.64 lot acres

Property size

10,327 SF

Zone code

GC

Property type

Commercial real estate

APN

R17003-01-07

APU

R170030107

Description

This exceptional Class A, 9,675 square foot medical office building in Columbia, South Carolina, presents a compelling investment opportunity. Located at the signalized corner of Parklane Road and Springtree Drive, this two-story building boasts a prime location across from the Richland library, offering excellent visibility and accessibility. The property features abundant on-site parking (5.9 spaces per 1,000 square feet) and pylon signage facing Parklane Road. Currently 100% occupied by three tenants, including ABS Kids (lease expiring December 2031) and two tenants with below-market rents expiring in May 2025 (Palmer Counseling and Midlands Medical Wellness). The first floor underwent a complete renovation in 2024, and the building benefits from new HVAC systems installed in 2019. The property is zoned GC - General Commercial, and the asking price is $1,600,000 ($165.37 per square foot). This is a triple-net (NNN) leased multi-tenant property built in 2005, offering strong cash flow and significant upside potential due to below-market rents on the second floor. The building's proximity to major thoroughfares like Two Notch Road (30,000 vehicles per day) and Farrow Road (10,400 vehicles per day) further enhances its desirability. This is a rare opportunity to acquire a fully leased, high-quality medical office building in a thriving market.

Location Insight

City

Columbia

County

Richland

State

South Carolina

Longitude

-80.9589

Latitude

34.0757

CBSA code

17900

CBSA name

COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments