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1906 Pineview Dr - Mission Critical Investment Opportunity 10,320 SF Specialty Building Offered at $1,725,000 at a 8.80% Cap Rate in Columbia, SC 29209
INVESTMENT HIGHLIGHTS
- ±10,320- SF office located in the booming Garners Ferry Road corridor
- Directly across from Burnside Farms, a large-scale development with 300 multifamily units and 576 single-family
- Existing lease expires December 31, 2030
- Mission critical lease with tenant highly motivated to renew
- Fully leased to Connoisseur Media, a privately held media company more than 200 radio stations across numerous U.S. markets
- Frontage on Pineview Road (±13,900 VPD)
EXECUTIVE SUMMARY
Opportunity Overview
Located at 1906 Pineview Road in Columbia, SC, this fully leased ±10,320 SF office building offers a strong investment opportunity with stable cash flow. Occupied by Connoisseur Media through 2030, the property sits on two acres with high visibility and easy access. Connoisseur Media, founded in 2004 and headquartered in Westport, Connecticut, is a privately held media company specializing in radio broadcasting, digital marketing and custom content solutions with more than 200 radio stations across numerous U.S. markets.
The offering represents a highly resilient investment opportunity as radio stations are strongly motivated to renew leases due to the prohibitive costs and operational risks of relocation, coupled with FCC site-specific licensing, customer bases that are dependent on location and specialized infrastructure requirements.
Location Overview
1906 Pineview Road is in Richland County, just outside downtown Columbia—an area that saw $2.35 billion in investments and 4,500+ new jobs in 2023. With 11% population growth since 2011, the region has rapidly expanded with new retail and commercial developments.
The property has the advantage of immediate surrounding retail users within the Garners Ferry Road corridor, including Burger King, Hardee’s, Wendy’s, Walgreens, CVS, Zaxby’s and more. It also benefits from proximity to the Burnside Farms residential development, which consists of 300 multifamily units and 576 single-family units directly across Pineview Road.
For more information, download the flyer and contact the listing brokers.
Located at 1906 Pineview Road in Columbia, SC, this fully leased ±10,320 SF office building offers a strong investment opportunity with stable cash flow. Occupied by Connoisseur Media through 2030, the property sits on two acres with high visibility and easy access. Connoisseur Media, founded in 2004 and headquartered in Westport, Connecticut, is a privately held media company specializing in radio broadcasting, digital marketing and custom content solutions with more than 200 radio stations across numerous U.S. markets.
The offering represents a highly resilient investment opportunity as radio stations are strongly motivated to renew leases due to the prohibitive costs and operational risks of relocation, coupled with FCC site-specific licensing, customer bases that are dependent on location and specialized infrastructure requirements.
Location Overview
1906 Pineview Road is in Richland County, just outside downtown Columbia—an area that saw $2.35 billion in investments and 4,500+ new jobs in 2023. With 11% population growth since 2011, the region has rapidly expanded with new retail and commercial developments.
The property has the advantage of immediate surrounding retail users within the Garners Ferry Road corridor, including Burger King, Hardee’s, Wendy’s, Walgreens, CVS, Zaxby’s and more. It also benefits from proximity to the Burnside Farms residential development, which consists of 300 multifamily units and 576 single-family units directly across Pineview Road.
For more information, download the flyer and contact the listing brokers.
PROPERTY FACTS
| Price | $1,725,000 | Lot Size | 2.00 AC |
| Price Per SF | $167.15 | Building Size | 10,320 SF |
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 8.80% | Year Built/Renovated | 1992/2000 |
| Property Type | Specialty | Tenancy | Single |
| Property Subtype | Radio/TV Transmission Facility | Parking Ratio | 3.97/1,000 SF |
| Building Class | B | ||
| Zoning | GC - Commercial | ||
| Price | $1,725,000 |
| Price Per SF | $167.15 |
| Sale Type | Investment |
| Cap Rate | 8.80% |
| Property Type | Specialty |
| Property Subtype | Radio/TV Transmission Facility |
| Building Class | B |
| Lot Size | 2.00 AC |
| Building Size | 10,320 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1992/2000 |
| Tenancy | Single |
| Parking Ratio | 3.97/1,000 SF |
| Zoning | GC - Commercial |
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PROPERTY TAXES
| Parcel Number | 19000-01-02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,437,500 |
PROPERTY TAXES
Parcel Number
19000-01-02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,437,500
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1906 Pineview Dr - Mission Critical Investment Opportunity
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