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Prime Cash-Flowing Investment 989 Knox Abbott Dr 17,468 SF 100% Leased Office Building Cayce, SC 29033 $2,100,000 ($120.22/SF) 5.19% Cap Rate
Investment Highlights
- Prime Visibility on High-Traffic Corridor
- Well-Maintained Office Building with Onsite Parking
- Value-Add Opportunity with Income Upside
Executive Summary
**OPPORTUNITY ZONE** Prime Investment Property.
Rare opportunity to acquire a stabilized, income-producing commercial property on Knox Abbott Drive, one of the most heavily traveled corridors connecting Cayce, West Columbia, and Downtown Columbia.
This 100% occupied multi-tenant office asset delivers immediate income with strong long-term appreciation potential due to location, land size, and below-market rent positioning.
Properties offering current cash flow, large acreage, visibility, and upside in the Columbia MSA are extremely limited.
? INVESTMENT HIGHLIGHTS
? 100% Leased — Immediate Income
? Value-Add Opportunity — Rent Growth Potential
? ±1.46 Acres — Large Commercial Site
? High-Visibility Frontage on Knox Abbott Drive
? Strong Daily Traffic Counts
? Opportunity Zone Location
? Minutes to Downtown Columbia & USC
? Stable Tenant Base
? Excellent Access to I-26, I-77 & Airport
? Ample On-Site Parking
?? PROPERTY OVERVIEW
Property Type: Multi-Tenant Office / Professional
Year Built: 1975
Land Size: ±1.46 Acres
Stories: 2
Occupancy: 100%
County: Lexington County
Utilities: Public Water & Sewer
Well-maintained professional office building featuring multiple suites, strong tenant retention, and efficient layouts suitable for medical, administrative, or professional services.
?? LOCATION — CORE COLUMBIA SUBMARKET
Strategically positioned in the heart of the Cayce/West Columbia commercial corridor, serving as a primary gateway into Downtown Columbia.
Nearby Demand Drivers
• Downtown Columbia CBD
• University of South Carolina
• Columbia Metropolitan Airport
• I-26 & I-77 Interstates
• State Government Offices
• River District Redevelopment
• Growing residential population
High commuter traffic and strong surrounding retail create exceptional long-term tenant demand.
?? VALUE-ADD POTENTIAL
This property offers multiple avenues to increase NOI:
• Lease renewals at market rates
• Strategic tenant mix improvements
• Cosmetic upgrades
• Signage revenue opportunities
• Long-term redevelopment potential
• Underutilized land value
Ideal for investors seeking both cash flow today and appreciation tomorrow.
?? IDEAL FOR
• 1031 Exchange Buyers
• Private Investors
• Family Offices
• Owner-Users Seeking Future Occupancy
• Opportunity Zone Funds
• Regional or Out-of-State Buyers Entering Columbia Market
Rare opportunity to acquire a stabilized, income-producing commercial property on Knox Abbott Drive, one of the most heavily traveled corridors connecting Cayce, West Columbia, and Downtown Columbia.
This 100% occupied multi-tenant office asset delivers immediate income with strong long-term appreciation potential due to location, land size, and below-market rent positioning.
Properties offering current cash flow, large acreage, visibility, and upside in the Columbia MSA are extremely limited.
? INVESTMENT HIGHLIGHTS
? 100% Leased — Immediate Income
? Value-Add Opportunity — Rent Growth Potential
? ±1.46 Acres — Large Commercial Site
? High-Visibility Frontage on Knox Abbott Drive
? Strong Daily Traffic Counts
? Opportunity Zone Location
? Minutes to Downtown Columbia & USC
? Stable Tenant Base
? Excellent Access to I-26, I-77 & Airport
? Ample On-Site Parking
?? PROPERTY OVERVIEW
Property Type: Multi-Tenant Office / Professional
Year Built: 1975
Land Size: ±1.46 Acres
Stories: 2
Occupancy: 100%
County: Lexington County
Utilities: Public Water & Sewer
Well-maintained professional office building featuring multiple suites, strong tenant retention, and efficient layouts suitable for medical, administrative, or professional services.
?? LOCATION — CORE COLUMBIA SUBMARKET
Strategically positioned in the heart of the Cayce/West Columbia commercial corridor, serving as a primary gateway into Downtown Columbia.
Nearby Demand Drivers
• Downtown Columbia CBD
• University of South Carolina
• Columbia Metropolitan Airport
• I-26 & I-77 Interstates
• State Government Offices
• River District Redevelopment
• Growing residential population
High commuter traffic and strong surrounding retail create exceptional long-term tenant demand.
?? VALUE-ADD POTENTIAL
This property offers multiple avenues to increase NOI:
• Lease renewals at market rates
• Strategic tenant mix improvements
• Cosmetic upgrades
• Signage revenue opportunities
• Long-term redevelopment potential
• Underutilized land value
Ideal for investors seeking both cash flow today and appreciation tomorrow.
?? IDEAL FOR
• 1031 Exchange Buyers
• Private Investors
• Family Offices
• Owner-Users Seeking Future Occupancy
• Opportunity Zone Funds
• Regional or Out-of-State Buyers Entering Columbia Market
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Building Size
17,468 SF
Building Class
C
Year Built
1975
Price
$2,100,000
Price Per SF
$120.22
Cap Rate
5.19%
NOI
$109,066
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,734 SF
Slab To Slab
11’
Building FAR
0.27
Lot Size
1.46 AC
Opportunity Zone
Yes
Zoning
C3 - Central Commercial. Overlay District and Opportunity Zone
Parking
101 Spaces (5.78 Spaces per 1,000 SF Leased)
Amenities
- Atrium
- Signage
- Air Conditioning
- Smoke Detector
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Health Care and Social Assistance
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
The Domestic Abuse Center (DAC) provides a batterer intervention program tailored for court-ordered and voluntary clients across multiple counties in South Carolina. With approval from Circuit Solicitors’ offices in the respective counties, DAC serves as a sentencing option within the court system. Collaborating closely with judges, probation officers, and pre-trial diversion programs, DAC ensures accountability while offering participants opportunities to explore alternatives to controlling and abusive behavior.
- Simmons & Sons Transportation LLC
- Transportation and Warehousing
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Health Care and Social Assistance | - | $9.99 | Lorem Ipsum | Jan 0000 | |
| Simmons & Sons Transportation LLC | Transportation and Warehousing | - | $9.99 | Lorem Ipsum | Jan 0000 |
1 1
Property Taxes
| Parcel Number | 004650-01-007 | Total Assessment | $68,786 |
| Land Assessment | $36,323 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $32,463 | Tax Year | 2024 |
Property Taxes
Parcel Number
004650-01-007
Land Assessment
$36,323
Improvements Assessment
$32,463
Total Assessment
$68,786
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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Prime Cash-Flowing Investment | 989 Knox Abbott Dr
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