254 Harbison Blvd - Retail FOR SALE


Columbia, SC 29212- Irmo-Seven Oaks
$7,051,000 USD
980-498-3293
254 Harbison Blvd, Columbia, SC for Sale
$7,051,000 USD
Retail - FOR SALE
1/5
null | 6.5% Cap Rate

254 Harbison Blvd
Columbia, SC 29212
Irmo-Seven Oaks


HIGHLIGHTS

  • COLUMBIA MSA – STATE CAPITAL ECONOMY
  • PRIMARY ECONOMIC CENTER OF SOUTH CAROLINA
  • CORPORATE NET LEASE TO NATIONAL RETAILER

OVERVIEW

CORPORATE NET LEASE TO NATIONAL RETAILER - Leased to Hobby Lobby Stores, Inc., a leading national arts and crafts retailer - 1,000+ locations across 48 states with approximately $8B in annual revenue - Corporate lease providing institutional-quality tenant credit STRONG PERFORMING STORE - Ranks within the top 30% of South Carolina Hobby Lobby locations by foot traffic according to Placer.ai - Destination anchor drawing consistent regional traffic PRIMARY ECONOMIC CENTER OF SOUTH CAROLINA - Principal city of a 6-county metro - State of SC is the largest employer at 25,570 jobs - Healthcare sector reached ~15,000 jobs in 2024 DOMINANT REGIONAL RETAIL CORRIDOR - Located along Harbison Boulevard (28,100 VPD), Columbia’s primary retail artery - Over 3.8 million SF of retail within a one-mile radius - Co-tenancy includes Nordstrom Rack, Marshalls, Ross, Petco, Target, Publix, and numerous national retailers GROWING RESIDENTIAL TRADE AREA - Over 104,000 residents within a 5-mile radius with average household income exceeding $100,000 - Nearby multifamily and residential development continuing to expand the local consumer base COLUMBIA MSA – STATE CAPITAL ECONOMY - $54B regional GDP with more than 440,000 non-farm jobs - Diverse employment base including state government, healthcare, manufacturing, and logistics - Major employers include Michelin, Honeywell, Westinghouse, International Paper, and UPS

FOR SALE DETAILS

PRICE

$7,051,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hobby Lobby

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Convenience Store, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1998

SPRINKLERS

-

PARKING SPACES

500

LAND DETAILS

LAND ACRES

0.42 AC

LAND SF

18,295 SF

ZONING

PD

APN/PARCEL ID

002763-01-001,002763-01-004

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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