AT&T Store 239 Harbison Rd 5,000 SF Retail Building Columbia, SC 29212 $3,950,000 ($790/SF) 6.08% Cap Rate
INVESTMENT HIGHLIGHTS
- Single Tenant Net Leased AT&T Retail Asset – Columbia, SC (MSA Population Exceeding 850,000)
- Strong Guarantee/Balance Sheet (New Cingular Wireless LLC) o Wholly Owned Subsidiary of AT&T
- Best in Class Name - Rare 2% Annual Bumps - Longterm Occupancy o Recent Tenant Improvements
- Irreplaceable Retail Density/Trade Area - Main & Main Corridor o Surrounded by all Major Retailers
- Capital City of State - Huge Commercial/Population Growth o Ranked #3 among “Growing States”
- Excellent Visibility next to Harrison Ct Center o Columbiana Centre Mall (Walmart-Belk-Best Buy)
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
B
Year Built
2009
Price
$3,950,000
Price Per SF
$790
Cap Rate
6.08%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.00 AC
Zoning
C - Retail Store
Parking
40 Spaces (8 Spaces per 1,000 SF Leased)
Frontage
229’ on Harbison Blvd
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 001941-01-012 | Improvements Assessment | $80,071 |
| Land Assessment | $37,229 | Total Assessment | $117,300 |
