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Building A-C 120 Kaminer Way Pky 12,310 SF 100% Leased Flex Building Columbia, SC 29210 $1,200,000 ($97.48/SF) 8.99% Cap Rate



INVESTMENT HIGHLIGHTS
- Value-Add Flex Asset | 100% Occupied Flex Center Located in Columbia, SC | Value-Add Potential with Short-Term Leases & Below Market Rents
- Diverse Tenant-Mix | Fully Occupied by Seven Tenants All on NNN Leases | Minimal Landlord Responsibilities
- Growing Downtown Columbia Pipeline | $80M Mixed-Use Development in the Vista & $225M oLiv Columbia Development (2,350+ Beds)
- Offered Well-Below Replacement Cost | Three-Building Flex Park Totaling 12,310 SF on 1.82 Acres | Additional Shed/Storage Structure Excluded from GLA
- Excellent Accessibility | Located Just Off of Broad River Rd (22,500+ VPD) | In Close Proximity to I-26, I-20, University of South Carolina, & More
- Rapidly Expanding Student-Base at the University of South Carolina | Systemwide 2024 Enrollment of 56,100+ Students
EXECUTIVE SUMMARY
Northmarq is pleased to present to qualified investors the opportunity to acquire the fee simple interest in the Hensley Flex Center, a fully occupied business park consisting of three buildings totaling 12,310 square feet along with an additional shed. The property features a diverse tenant mix, all on NNN leases with minimal landlord responsibilities. With less than two years of term remaining on all leases, the property offers substantial value-add opportunity by raising rents to market and extending terms. The buildings are situated on 1.82 acres just off of Broad River Rd in Columbia, South Carolina.
As the state capital, Columbia is the home of the state’s largest public university, the University of South Carolina as well as Fort Jackson, one of the primary training hubs for the United States Army. Over the last few years, the Carolinas have seen significant growth and continue to be one of the most desirable and in-demand markets within the United States.
As the state capital, Columbia is the home of the state’s largest public university, the University of South Carolina as well as Fort Jackson, one of the primary training hubs for the United States Army. Over the last few years, the Carolinas have seen significant growth and continue to be one of the most desirable and in-demand markets within the United States.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $1,200,000 | Lot Size | 1.78 AC |
| Price Per SF | $97.48 | Rentable Building Area | 12,310 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.99% | Year Built | 1995 |
| Property Type | Flex | Parking Ratio | 0.65/1,000 SF |
| Property Subtype | Light Distribution | No. Dock-High Doors/Loading | 1 |
| Building Class | C | ||
| Zoning | INS - Institutional | ||
| Price | $1,200,000 |
| Price Per SF | $97.48 |
| Sale Type | Investment |
| Cap Rate | 8.99% |
| Property Type | Flex |
| Property Subtype | Light Distribution |
| Building Class | C |
| Lot Size | 1.78 AC |
| Rentable Building Area | 12,310 SF |
| No. Stories | 1 |
| Year Built | 1995 |
| Parking Ratio | 0.65/1,000 SF |
| No. Dock-High Doors/Loading | 1 |
| Zoning | INS - Institutional |
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- About Your Health
- -
-
99,999 SF
- -
- -
- Creative Energy Candles LLC
- Services
-
99,999 SF
- -
- -
- Fine Line Beauty Bar
- -
-
99,999 SF
- -
- -
- Graphic Products
- -
-
99,999 SF
- -
- -
- Gyrlz Cut 2
- -
-
99,999 SF
- -
- -
- Humperdink, Rugen, & Associates
- -
-
99,999 SF
- -
- -
- Steri-Clean
- -
-
99,999 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| About Your Health | - | 99,999 SF | - | - | ||
| Creative Energy Candles LLC | Services | 99,999 SF | - | - | ||
| Fine Line Beauty Bar | - | 99,999 SF | - | - | ||
| Graphic Products | - | 99,999 SF | - | - | ||
| Gyrlz Cut 2 | - | 99,999 SF | - | - | ||
| Humperdink, Rugen, & Associates | - | 99,999 SF | - | - | ||
| Steri-Clean | - | 99,999 SF | - | - |
PROPERTY TAXES
| Parcel Number | 06205-02-21 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $339,300 |
PROPERTY TAXES
Parcel Number
06205-02-21
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$339,300
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Building A-C | 120 Kaminer Way Pky
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