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175 Rich-Lex Dr 17,500 SF Flex Building Lexington, SC 29072 $2,120,000 ($121.14/SF) 6.83% Cap Rate
INVESTMENT HIGHLIGHTS
- Well below the national average, the Columbia industrial market has a vacancy rate of 6.5%
- MSS Solutions has rapidly expanded since inception in 1996 with 9 locations and over 750 employees
- Tenant upgrades:repainting the building, new spray foam insulation throughout heated and cooled warehouse, cosmetic office upgrade, new private office
- Lexington industrial submarket has a vacancy rate of 0.5%
- Columbia industrial market is amid its third consecutive year of record deliveries
- Columbia MSA ranks #54 on The Milken’s Institute 2025 list of best performing large cities
EXECUTIVE SUMMARY
Trinity Partners is proud to serve as exclusive listing broker on behalf of ownership and present this net lease flex investment opportunity in the Columbia MSA occupied by MSS Solutions, LLC, a full service mechanical contractor with 9 existing locations and over 750 employees. MSS has occupied the building since 2019 and recently invested $750,000 in full building and property renovations.
The Property consists of 5.5-acres positioned off of Riverchase Way just off Exit 61 of I-20 westbound (88,300+ cars/day). The site is fully developed with a 17,500 SF industrial/flex building, 35 parking spaces (including 1 handicap), a covered dock, and gated access. Neighboring businesses include Gerber Collision & Glass, Crandall Corporation, WP Law, Lanier Pools, EPI Water, and Southeastern Freight Lines.
The Property consists of 5.5-acres positioned off of Riverchase Way just off Exit 61 of I-20 westbound (88,300+ cars/day). The site is fully developed with a 17,500 SF industrial/flex building, 35 parking spaces (including 1 handicap), a covered dock, and gated access. Neighboring businesses include Gerber Collision & Glass, Crandall Corporation, WP Law, Lanier Pools, EPI Water, and Southeastern Freight Lines.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
AMENITIES
- 24 Hour Access
- Controlled Access
- Conferencing Facility
- Fenced Lot
- Security System
- Signage
- Kitchen
- Central Heating
- Partitioned Offices
- Reception
- Drop Ceiling
- Wi-Fi
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 003698-03-059 | Improvements Assessment | $31,015 |
| Land Assessment | $13,200 | Total Assessment | $44,215 |
PROPERTY TAXES
Parcel Number
003698-03-059
Land Assessment
$13,200
Improvements Assessment
$31,015
Total Assessment
$44,215
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175 Rich-Lex Dr
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