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7201 Parklane Rd
Columbia, SC 29223
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
32,311 SF
Building Class
C
Year Built
1987
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.41
Lot Size
1.82 AC
Zoning
GC
Parking
106 Spaces (3.28 Spaces per 1,000 SF Leased)
Frontage
262’ on Parklane Rd

Amenities

  • Bus Line
  • Signalized Intersection

About 7201 PARKLANE RD , COLUMBIA, SC 29223

Marcus and Millichap is proud to present this unique value-add opportunity on a main retail corridor in Columbia, South Carolina. Located near the intersection of Two Notch Road and Parklane, this 32,311 square foot shopping center sits on 1.82 acres and is located just inside the shadow of the Columbia Place Mall. The Mall is approximately 1.1 million square feet, making it one of South Carolina’s largest malls. It is currently going through a re-positioning, which will draw more traffic to the area over time. Neighboring retailers include Macy’s, Lowe’s, Advance Auto, AutoZone, Staples, and McDonald’s. Columbia Plaza is also within close proximity to a new $34 million state of the art school, Jackson Creek Elementary School. Columbia Plaza is a great opportunity for an active investor to significantly increase cash flow in a short amount of time. A new owner can come in with solid cash flow in place, while working to improve the quality of tenants and lease terms. Columbia Plaza is being offered below replacement cost at $50.29 PSF.

Property Taxes

Property Taxes

Parcel Number
17001-04-37
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,520,800
  • Listing ID: 9825803

  • Date on Market: 11/1/2017

  • Last Updated:

  • Address: 7201 Parklane Rd, Columbia, SC 29223

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