989 Knox Abbott Dr - Office FOR SALE


Cayce, SC 29033
$2,100,000 USD
803-606-0702
989 Knox Abbott Dr, Cayce, SC for Sale
$2,100,000 USD
Office - FOR SALE
1/18
null | 5.19% Cap Rate

989 Knox Abbott Dr
Cayce, SC 29033


HIGHLIGHTS

  • Prime Visibility on High-Traffic Corridor
  • Value-Add Opportunity with Income Upside
  • Well-Maintained Office Building with Onsite Parking

OVERVIEW

**OPPORTUNITY ZONE** Prime Investment Property. Rare opportunity to acquire a stabilized, income-producing commercial property on Knox Abbott Drive, one of the most heavily traveled corridors connecting Cayce, West Columbia, and Downtown Columbia. This 100% occupied multi-tenant office asset delivers immediate income with strong long-term appreciation potential due to location, land size, and below-market rent positioning. Properties offering current cash flow, large acreage, visibility, and upside in the Columbia MSA are extremely limited. ? INVESTMENT HIGHLIGHTS ? 100% Leased — Immediate Income ? Value-Add Opportunity — Rent Growth Potential ? ±1.46 Acres — Large Commercial Site ? High-Visibility Frontage on Knox Abbott Drive ? Strong Daily Traffic Counts ? Opportunity Zone Location ? Minutes to Downtown Columbia & USC ? Stable Tenant Base ? Excellent Access to I-26, I-77 & Airport ? Ample On-Site Parking ?? PROPERTY OVERVIEW Property Type: Multi-Tenant Office / Professional Year Built: 1975 Land Size: ±1.46 Acres Stories: 2 Occupancy: 100% County: Lexington County Utilities: Public Water & Sewer Well-maintained professional office building featuring multiple suites, strong tenant retention, and efficient layouts suitable for medical, administrative, or professional services. ?? LOCATION — CORE COLUMBIA SUBMARKET Strategically positioned in the heart of the Cayce/West Columbia commercial corridor, serving as a primary gateway into Downtown Columbia. Nearby Demand Drivers • Downtown Columbia CBD • University of South Carolina • Columbia Metropolitan Airport • I-26 & I-77 Interstates • State Government Offices • River District Redevelopment • Growing residential population High commuter traffic and strong surrounding retail create exceptional long-term tenant demand. ?? VALUE-ADD POTENTIAL This property offers multiple avenues to increase NOI: • Lease renewals at market rates • Strategic tenant mix improvements • Cosmetic upgrades • Signage revenue opportunities • Long-term redevelopment potential • Underutilized land value Ideal for investors seeking both cash flow today and appreciation tomorrow. ?? IDEAL FOR • 1031 Exchange Buyers • Private Investors • Family Offices • Owner-Users Seeking Future Occupancy • Opportunity Zone Funds • Regional or Out-of-State Buyers Entering Columbia Market

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$120 USD /SF

CAP RATE

5.19%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Cash-Flowing Investment

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

101

LAND DETAILS

LAND ACRES

1.46 AC

LAND SF

63,598 SF

ZONING

C3

APN/PARCEL ID

004650-01-007

ASK ABOUT THIS PROPERTY

Angela CashSouthern Visions Real EstateMore Info
803-606-0702

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

Angela CashSouthern Visions Real EstateMore Info
803-606-0702

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