1906 Pineview Dr - Specialty FOR SALE


Columbia, SC 29209- Hopkins Suburban
$1,725,000 USD
803-463-4843
1906 Pineview Dr, Columbia, SC for Sale
$1,725,000 USD
Specialty - FOR SALE
1/9
null | 8.8% Cap Rate

1906 Pineview Dr
Columbia, SC 29209
Hopkins Suburban


HIGHLIGHTS

  • ±10,320- SF office located in the booming Garners Ferry Road corridor
  • Mission critical lease with tenant highly motivated to renew
  • Directly across from Burnside Farms, a large-scale development with 300 multifamily units and 576 single-family
  • Fully leased to Connoisseur Media, a privately held media company more than 200 radio stations across numerous U.S. markets
  • Existing lease expires December 31, 2030
  • Frontage on Pineview Road (±13,900 VPD)

OVERVIEW

Opportunity Overview Located at 1906 Pineview Road in Columbia, SC, this fully leased ±10,320 SF office building offers a strong investment opportunity with stable cash flow. Occupied by Connoisseur Media through 2030, the property sits on two acres with high visibility and easy access. Connoisseur Media, founded in 2004 and headquartered in Westport, Connecticut, is a privately held media company specializing in radio broadcasting, digital marketing and custom content solutions with more than 200 radio stations across numerous U.S. markets. The offering represents a highly resilient investment opportunity as radio stations are strongly motivated to renew leases due to the prohibitive costs and operational risks of relocation, coupled with FCC site-specific licensing, customer bases that are dependent on location and specialized infrastructure requirements. Location Overview 1906 Pineview Road is in Richland County, just outside downtown Columbia—an area that saw $2.35 billion in investments and 4,500+ new jobs in 2023. With 11% population growth since 2011, the region has rapidly expanded with new retail and commercial developments. The property has the advantage of immediate surrounding retail users within the Garners Ferry Road corridor, including Burger King, Hardee’s, Wendy’s, Walgreens, CVS, Zaxby’s and more. It also benefits from proximity to the Burnside Farms residential development, which consists of 300 multifamily units and 576 single-family units directly across Pineview Road.  For more information, download the flyer and contact the listing brokers.

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$167 USD /SF

CAP RATE

8.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mission Critical Investment Opportunity

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1992

SPRINKLERS

-

PARKING SPACES

41

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

GC

APN/PARCEL ID

19000-01-02

ASK ABOUT THIS PROPERTY

Charles SalleyColliersMore Info
803-463-4843

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Charles SalleyColliersMore Info
803-463-4843

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