267 Columbia Ave - Manufacturing FOR SALE


Chapin, SC 29036
$9,333,000 USD
980-498-3293
267 Columbia Ave, Chapin, SC for Sale
$9,333,000 USD
Manufacturing - FOR SALE
1/5
null | Request Cap Rate

267 Columbia Ave
Chapin, SC 29036


HIGHLIGHTS

  • Fronts Columbia Ave a primary artery where VPD averages 13,200

OVERVIEW

INTERSTATE + PORT CONNECTIVITY - Site is 1.4 miles to I-26 - Fronts Columbia Ave a primary artery where VPD averages 13,200 - South Carolina Ports just finished FY-2025 with 2.6M Standard shipping containers handled and recorded rail lifts at inland Port Greer up 10% YoY showing strength of options along the I-26 corridor INVESTMENT HIGHLIGHTS ANCILLARY SUPPORT OF MISSION CRITICAL FACILITY - Samsung invested nearly $500M into the 1.50M SF facility and is the primary US appliance production hub, supporting nearly 1,500 local jobs WELL POSITIONED IN MARKET, PROVIDING FUTURE REDEVELOPMENT UPSIDE - Directly Across From Chapin High School (1,617 Students) - Over 500K SF of Retail in 1-Mile Radius boasting 0.7% vacancy Rate - Nearby National Grocers include Lowes Food, Publix, and Food Lion ~398 new homes planned in 2026 immediately north of the property COLUMBIA MSA - Columbia MSA has a growing population of approximately 850,000 and serves as South Carolinas primary inland logistics hub - The regional economy is anchored by state government, University of South Carolina and a growing advanced manufacturing base - Industrial demand is supported by direct access to I-26 providing connectivity to the Port of Charleston CORPORATE COUNTERPARTY - 100% leased to Samsung Electronics Home Appliances America LLC an investment grade tenant backed by Samsung Electronics Co Ltd ranked #33 on the 2024 Fortune Global 500 - Samsung has approximately $198 billion in annual revenue ATTRACTIVE LEASE FUNDAMENTALS - Tenant responsible for taxes, insurance and repairs - 48-month lease term with 3% annual rent escalations included in the option period - Landlord delivered new LED lights in 2021

FOR SALE DETAILS

PRICE

$9,333,000 USD

PRICE/SF

$49 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Samsung

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

16 Ft

DOCKS

6

DRIVE INS

4

PARKING SPACES

312

LAND DETAILS

LAND ACRES

17

LAND SF

740,520

ZONING

LI

APN/PARCEL ID

000719-02-004

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.