120 Kaminer Way Pky - Light Distribution FOR SALE


Columbia, SC 29210- St Andrews
$1,200,000 USD
843-345-5333
120 Kaminer Way Pky, Columbia, SC for Sale
$1,200,000 USD
Light Distribution - FOR SALE
1/33
null | 8.96% Cap Rate

120 Kaminer Way Pky
Columbia, SC 29210
St Andrews


HIGHLIGHTS

  • Value-Add Flex Asset | 100% Occupied Flex Center Located in Columbia, SC | Value-Add Potential with Short-Term Leases & Below Market Rents
  • Offered Well-Below Replacement Cost | Three-Building Flex Park Totaling 12,310 SF on 1.82 Acres | Additional Shed/Storage Structure Excluded from GLA
  • Diverse Tenant-Mix | Fully Occupied by Seven Tenants All on NNN Leases | Minimal Landlord Responsibilities
  • Excellent Accessibility | Located Just Off of Broad River Rd (22,500+ VPD) | In Close Proximity to I-26, I-20, University of South Carolina, & More
  • Growing Downtown Columbia Pipeline | $80M Mixed-Use Development in the Vista & $225M oLiv Columbia Development (2,350+ Beds)
  • Rapidly Expanding Student-Base at the University of South Carolina | Systemwide 2024 Enrollment of 56,100+ Students

OVERVIEW

Northmarq is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the Hensley Flex Center, a fully occupied business park consisting of three buildings totaling 12,310 square feet along with an additional shed. The property features a diverse tenant mix, all on NNN leases with minimal landlord responsibilities. With less than two years of term remaining on all leases, the property offers substantial value-add opportunity by raising rents to market and extending terms. The buildings are situated on 1.82 acres just off of Broad River Rd in Columbia, South Carolina. As the state capital, Columbia is the home of the state’s largest public university, the University of South Carolina as well as Fort Jackson, one of the primary training hubs for the United States Army. Over the last few years, the Carolinas have seen significant growth and continue to be one of the most desirable and in-demand markets within the United States.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$97 USD /SF

CAP RATE

8.96%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Building A-C

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

1

DRIVE INS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

1.82

LAND SF

79,279

ZONING

INS

APN/PARCEL ID

06205-02-21

ASK ABOUT THIS PROPERTY

Ani PaulsonNorthmarqMore Info
843-345-5333

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Ani PaulsonNorthmarqMore Info
843-345-5333

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.