1022 Calhoun St 15,615 SF Office Building Columbia, SC 29201 $2,600,000 ($166.51/SF)

We are pleased to present the opportunity to acquire 1022 Calhoun Street, a 15,615-square-foot multi-tenant office building located in Columbia, South Carolina. Situated within an established commercial corridor near the city’s government, professional, and healthcare employment centers, the property is being offered at a discount to its recent $2.9 million appraised value, providing investors or owner-users with attractive value support and upside potential.

A key strength of the investment is the long-term stability provided by ABS Kids and Therapy Your Way, which together occupy nearly 60% of the building under leases extending through late 2031. Both leases include scheduled rental escalations, providing durable and growing contractual income across a significant portion of the property while limiting near-term rollover exposure.

ABS Kids (Alternative Behavior Strategies), a nationally recognized provider of behavioral health and autism therapy services, occupies approximately 6,934 square feet under a long-term lease. The recently executed lease with Therapy Your Way further strengthens the rent roll and extends the duration of the property’s contractual cash flow. Together, these two tenants provide a stable foundation for the asset, while the remaining space creates additional upside through future leasing or potential owner occupancy.

For an owner-user, the property offers the ability to establish a long-term presence in a centrally located Columbia asset while benefiting from substantial in-place rental income to offset ownership and operating costs. Investors can similarly benefit from the combination of durable existing cash flow and the opportunity to increase income through lease-up of the remaining available space.

The property is supported by 38 on-site parking spaces, including covered spaces, providing a strong parking ratio and enhancing its functionality for office, professional service, and medical users. Its central Columbia location offers strong visibility and convenient access to downtown government offices, professional services, and healthcare facilities. Notably, the property is located just one block from the United States District Court for the District of South Carolina, making it particularly well positioned for law firms and legal service providers seeking proximity to the federal courthouse.

The combination of value-oriented pricing, long-term contractual income across nearly 60% of the building, scheduled rental growth, and additional lease-up or owner-user potential creates a compelling opportunity to acquire a well-located Columbia office asset with multiple pathways for long-term value creation.