6941 Trenholm Rd Columbia, SC 29206-1715

Property Details for 6941 Trenholm Rd

Year built

1967

Construction

FRAME

Lot size

2.46 lot acres

Property size

40,680 SF

Zone code

GC

Property type

Commercial real estate

APN

R16907-01-01

APU

R169070101

Description

This exceptional value-add opportunity presents a fee-simple interest in Pinnacle Professional Park, a 40,680-square-foot mixed-use property situated on 2.46 acres in Columbia, South Carolina. The property, built in 1967 and renovated in 2021, features 41 suites across 35,000 net rentable square feet, currently boasting 93% occupancy with a diverse tenant mix including medical, professional, and retail businesses. The property's current NOI is $138,594, with a pro-forma NOI projected at $296,076, reflecting a significant value-add potential through lease renewals and rent increases to market rates. The majority of tenants are on short-term leases, presenting a substantial opportunity to enhance profitability. Located at 6941 N Trenholm Rd, Columbia, SC 29206, the property benefits from high visibility and traffic counts on N Trenholm Rd (9,400+ vehicles per day) and Decker Blvd (25,300+ vehicles per day). Its strategic location near Dent Middle School, multiple apartment complexes, national retailers, and the site of a future $100 million mixed-use development further enhances its investment appeal. The asking price is $2,300,000, representing a current cap rate of 6.03% and a pro-forma cap rate of 12.87%. The property is zoned GB and offers a compelling investment opportunity in a thriving market fueled by the state capital, the University of South Carolina, and significant economic growth, including a substantial new manufacturing plant creating thousands of jobs. The property is classified as Class C, with a gross lease type.