2702 Emanuel Church Rd West Columbia, SC 29170-1329
- Strip malls
- 40,000 SF
- 5.05 lot acres
Current Use by Public Records
- Strip malls
Property Details for 2702 Emanuel Church Rd
- Year built
- 1985
- Lot size
- 5.05 lot acres
- Property size
- 40,000 SF
- Zone code
- ID
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 006796-01-014
- APU
- 679601014
Description
This exceptional Class A, 40,000 square foot shopping center in West Columbia, South Carolina, presents a compelling value-add investment opportunity. Boasting 100% occupancy across 17 tenants in 18 units, this single-story, 1997-built property (fully renovated in 2022) generates a strong NOI of $372,000, translating to a 6.76% cap rate at an asking price of $5,500,000 ($137.50/sq ft). The property features 210 parking spaces and benefits from a net lease structure with built-in rent bumps. Situated on a 5.15-5.75 acre lot at 2702 Emanuel Church Rd, 29170, this prime location enjoys high visibility and traffic counts exceeding 21,000 vehicles daily. Its strategic adjacency to the Columbia Metropolitan Airport, McDonald's (shared parking), and Dollar General ensures consistent foot traffic and strong tenant demand. Further enhancing its value proposition is the proximity to a new 800-home development currently under construction less than a mile away. An additional 4.59 acres of adjacent commercial land is available for separate purchase. Proof of funds or financing is required.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Columbia
- County
- Lexington
- State
- South Carolina
- Longitude
- -81.1487
- Latitude
- 33.9395
- CBSA code
- 17900
- CBSA name
- COLUMBIA, SC METROPOLITAN STATISTICAL AREA
