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113 Reed Ave 39,794 SF 72% Leased Office Building Lexington, SC 29072 For Sale
INVESTMENT HIGHLIGHTS
- Multi-tenant Office Building with 20,500 SF Leased
- Second Floor contains ±8,589 SF
- Parking 5: 1,000 RSF
- First Floor contains ±26,918 SF
- Basement contains ±4,287 SF
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Controlled Access
- Security System
- Signage
- Storage Space
- Partitioned Offices
- Reception
- Secure Storage
- Monument Signage
ABOUT 113 REED AVE , LEXINGTON, SC 29072
Located within the County of Lexington, 113 Reed is 2.8 miles from I-20 and less than 10 miles from I-26 and I-77. The property is convenient to Lake Murray, Downtown and the Columbia Airport.
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Public Administration
- 20,500 SF
- -
- Triple Net
- -
The South Carolina State Accident Fund was established in 1943 for the purpose of providing workers' compensation coverage and administration for all state agencies and other local governmental entities at reasonable prices. By creating a state agency for the sole purpose of "self-insuring", the state of South Carolina provides a stable source of guaranteed insurance coverage so that state workers are not placed at undue risk. On July 1, 2013, the administration of the South Carolina Workers' Compensation Uninsured Employers' Fund was transferred to the State Accident Fund. The Uninsured Employers' Fund was created to ensure payment of workers' compensation benefits to injured employees whose employers failed to acquire necessary coverage for their employees as required. The Uninsured Employers’ Fund is funded from the collections of tax on insurance carriers and self-insured's.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Public Administration | 20,500 SF | - | Triple Net | - |
PROPERTY TAXES
| Parcel Number | 004332-01-008 | Improvements Assessment | $138,751 |
| Land Assessment | $45,240 | Total Assessment | $183,991 |
PROPERTY TAXES
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113 Reed Ave
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