175 Rich-Lex Dr - Light Distribution FOR SALE


Lexington, SC 29072- Lake Murray
$2,333,333 USD
803-528-4928
175 Rich-Lex Dr, Lexington, SC for Sale
$2,333,333 USD
Light Distribution - FOR SALE
1/5
null | 6% Cap Rate

175 Rich-Lex Dr
Lexington, SC 29072
Lake Murray


HIGHLIGHTS

  • Well below the national average, the Columbia industrial market has a vacancy rate of 6.5%
  • Lexington industrial submarket has a vacancy rate of 0.5%
  • MSS Solutions has rapidly expanded since inception in 1996 with 9 locations and over 750 employees
  • Columbia industrial market is amid its third consecutive year of record deliveries
  • Tenant upgrades:repainting the building, new spray foam insulation throughout heated and cooled warehouse, cosmetic office upgrade, new private office
  • Columbia MSA ranks #54 on The Milken’s Institute 2025 list of best performing large cities

OVERVIEW

Trinity Partners is proud to serve as exclusive listing broker on behalf of ownership and present this net lease flex investment opportunity in the Columbia MSA occupied by MSS Solutions, LLC, a full service mechanical contractor with 9 existing locations and over 750 employees. MSS has occupied the building since 2019 and recently invested $750,000 in full building and property renovations. The Property consists of 5.5-acres positioned off of Riverchase Way just off Exit 61 of I-20 westbound (88,300+ cars/day). The site is fully developed with a 17,500 SF industrial/flex building, 35 parking spaces (including 1 handicap), a covered dock, and gated access. Neighboring businesses include Gerber Collision & Glass, Crandall Corporation, WP Law, Lanier Pools, EPI Water, and Southeastern Freight Lines.

FOR SALE DETAILS

PRICE

$2,333,333 USD

PRICE/SF

$133 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

undefined, Service, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

5.51

LAND SF

239,851

ZONING

ID

APN/PARCEL ID

003698-03-059

ASK ABOUT THIS PROPERTY

Nick Stomski SIORTrinity PartnersMore Info
803-528-4928

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Nick Stomski SIORTrinity PartnersMore Info
803-528-4928

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