6432 Two Notch Rd
Columbia, SC 29223
Arcadia Lakes · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Centrally located within the primary retail corridor
- Strong Traffic Counts - 19,596 VPD
- Convenient access via major interstates, including I-20 and I-77
EXECUTIVE SUMMARY
Value Add
75% occupied, offering immediate lease-up upside
Five tenants on month-to-month leases, providing flexibility for rent increases or re-tenanting
Rents at Arcadia Lakes average $10/SF, well below the estimated market rate of $18–$20/SF
Tenant Mix
Strong mix of local operators and national credit, including Rent-A-Center, Pizza Hut, Boost Mobile and Heights Finance
Positioning
Efficient parallel layout with three points of ingress/egress supporting strong accessibility and traffic flow
Highly visible along Two Notch Road, one of Columbia’s busiest commercial corridors
75% occupied, offering immediate lease-up upside
Five tenants on month-to-month leases, providing flexibility for rent increases or re-tenanting
Rents at Arcadia Lakes average $10/SF, well below the estimated market rate of $18–$20/SF
Tenant Mix
Strong mix of local operators and national credit, including Rent-A-Center, Pizza Hut, Boost Mobile and Heights Finance
Positioning
Efficient parallel layout with three points of ingress/egress supporting strong accessibility and traffic flow
Highly visible along Two Notch Road, one of Columbia’s busiest commercial corridors
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
36,884 SF
Building Class
B
Year Built
1986
Price
$3,480,000
Price Per SF
$94.35
Cap Rate
7%
NOI
$243,616
Percent Leased
75%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
3.13 AC
Zoning
LC
Parking
118 Spaces (3.2 Spaces per 1,000 SF Leased)
AMENITIES
- Pylon Sign
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 14214-03-94 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,423,400 |
