523 Columbia ave - Freestanding FOR SALE


Chapin, SC 29036
$4,437,000 USD
980-498-3293
523 Columbia ave, Chapin, SC for Sale
$4,437,000 USD
Freestanding - FOR SALE
1/5
null | 6% Cap Rate

523 Columbia ave
Chapin, SC 29036


HIGHLIGHTS

  • RAPID GROWTH IN THE CHAPIN / LAKE MURRAY TRADE AREA
  • COMPLEMENTARY SERVICE ORIENTED TENANCY
  • BRAND-NEW CONSTRUCTION

OVERVIEW

COMPLEMENTARY SERVICEORIENTED TENANCY - The property is leased to a diverse mix of daily needs and service-oriented tenants including McAlister’s Deli, Little Caesars, and AM Nail Bar - This complementary tenant mix drives consistent customer traffic throughout the day and serves a broad consumer base within the growing Chapin trade area RAPID GROWTH IN THE CHAPIN / LAKE MURRAY TRADE AREA - Chapin is one of the fastest-growing communities in the Columbia metropolitan area, supported by continued residential development and strong household incomes - The property also benefits from its proximity to Lake Murray, a major regional recreation destination that drives year-round traffic and consumer demand STRONG RETAIL CORRIDOR VISIBILITY - Positioned along Columbia Avenue (US-76), one of Chapin’s primary commercial corridors connecting the town directly to the Columbia MSA - The location benefits from strong commuter traffic, excellent frontage, and convenient access for surrounding residential neighborhoods. BRAND-NEW CONSTRUCTION - Brand-New, Purpose-Built Multi-Tenant Retail Center Delivering 100% Occupied with Zero Lease-Up Risk - 12.5 WALT - Constructed to Each Tenant’s Current Prototype COLUMBIA MSA ECONOMIC ENGINE - 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 CLOSE PROXIMITY TO I-26 - Less than 1 mile to I-26 (48K VPD) which is Columbia’s primary interstate spine connecting Upstate SC to Lowcountry - 13K VPD on Columbia Ave is the sole commercial arterial with no competing bypass route

FOR SALE DETAILS

PRICE

$4,437,000 USD

PRICE/SF

$716 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chapin Peach Center | Columbia, SC MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.65 AC

LAND SF

115,434 SF

ZONING

C

APN/PARCEL ID

000700-01-017

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.