7431 Broad River Rd - Auto Repair FOR SALE


Irmo, SC 29063- Northwest Columbia
$2,160,000 USD
407-557-3824
7431 Broad River Rd, Irmo, SC for Sale
$2,160,000 USD
Auto Repair - FOR SALE
1/5
null | 6.75% Cap Rate

7431 Broad River Rd
Irmo, SC 29063
Northwest Columbia


HIGHLIGHTS

  • • Corporate Lease with Caliber Collision - Nation’s Largest Autobody Repair Company
  • • Recently Extended Ten-Year Triple Net Lease - Three 5-Year Options with Fair Market Rent Upside
  • • Large Format Shop [17,000 SF] on 1.92 Acres - CoStar Estimates Market Rent at $18.16/SF
  • • 150’ of Direct Frontage on Broad River Road - Traffic Counts 13,500+ Vehicles per Day
  • • Recent Capital Expenditures ($85,000+) - Newer Roof, HVAC, Retaining Wall, Parking Lot
  • • Strong Market Fundamentals - Population of 89,735 within a Five Mile Radius

OVERVIEW

• Corporate Lease with Caliber Collision - Nation’s Largest Autobody Repair Company • Recently Extended Ten-Year Triple Net Lease - Three 5-Year Options with Fair Market Rent Upside • Large Format Shop [17,000 SF] on 1.92 Acres - CoStar Estimates Market Rent at $18.16/SF • 150’ of Direct Frontage on Broad River Road - Traffic Counts 13,500+ Vehicles per Day • Recent Capital Expenditures ($85,000+) - Newer Roof, HVAC, Retaining Wall, Parking Lot • Strong Market Fundamentals - Population of 89,735 within a Five Mile Radius • Successful Longstanding Operating Business - 20+ Years of Historical Occupancy • Located in a Major Retail Corridor - 12 Miles from Columbia, Capital of South Carolina

FOR SALE DETAILS

PRICE

$2,160,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Caliber Collision | 10 Yr Lease Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.92 AC

LAND SF

83,635 SF

ZONING

GC

APN/PARCEL ID

05000-01-02

ASK ABOUT THIS PROPERTY

Scott GouldMarcus & MillichapMore Info
407-557-3824

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Scott GouldMarcus & MillichapMore Info
407-557-3824

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