267 Columbia Ave - Manufacturing FOR SALE


Chapin, SC 29036 | 
$8,960,000 USD
704-651-5953
267 Columbia Ave, Chapin, SC for Sale
$8,960,000 USD
Manufacturing - FOR SALE
1/5
null | 9.66% Cap Rate

267 Columbia Ave
Chapin, SC 29036


HIGHLIGHTS

  • CORPORATE COUNTERPARTY - 100% leased to Samsung Electronics Home Appliances America LLC an investment grade tenant backed by Samsung Electronics Co Lt
  • 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 jus
  • ANCILLARY SUPPORT OF MISSION CRITICAL FACILITY - Samsung invested nearly $500M into the 1.50M SF facility and is the primary US appliance production h

OVERVIEW

- 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 - 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 - 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 - 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

$8,960,000 USD

PRICE/SF

$47 USD /SF

CAP RATE

9.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Samsung | Columbia, SC MSA

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Manufacturing

ADD'L SUBTYPES

Distribution, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.72

LAND SF

379,843

ZONING

-

APN/PARCEL ID

000719-02-004

ASK ABOUT THIS PROPERTY

Ben OlmsteadAtlantic Capital PartnersMore Info
704-651-5953

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Ben OlmsteadAtlantic Capital PartnersMore Info
704-651-5953

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