This fully leased two-building property along John C Calhoun Drive offers investors an opportunity to acquire a stable income-producing asset in Orangeburg, SC. The 7,000 square-foot multi-tenant property is anchored by two long-term tenants representing reliable industry sectors. Midland Specialties occupies Building A under a lease that runs through December 2027, while Orangeburg Auto Paint has maintained its presence since 1998 with a lease extending to January 2030. Both leases provide consistent monthly rent totaling $3,675 combined, delivering an annual revenue of $44,100.
Significant recent capital improvements include new roofing for both structures in 2019 and a new HVAC system in Building A installed in 2022, reducing near-term maintenance risk for investors. Current annual operating expenses are $10,638.65, yielding an EBIT of $33,461.35 and an estimated 6% cap rate at the asking price of $558,000. This property suits buyers seeking long-term stability with minimal management requirements in a high-visibility corridor supported by strong local and regional connectivity.