1333 Pineview Dr - Warehouse FOR SALE


Columbia, SC 29209
$1,642,250 USD
704-697-1900
1333 Pineview Dr, Columbia, SC for Sale
$1,642,250 USD
Warehouse - FOR SALE
1/5
null | 7.15% Cap Rate

1333 Pineview Dr
Columbia, SC 29209


HIGHLIGHTS

  • GATED IOS SITE NEAR MAJOR LOGISTIC ROUTES
  • RECENT BUILDING RENOVATIONS
  • STRONG LEASE FUNDAMENTALS

OVERVIEW

STRONG LEASE FUNDAMENTALS - 3% annual rent increase during base term and options periods | Absolute NNN providing no Landlord Responsibilities - Two (2) - two (2) year option periods STRONG GUARANTOR - Full Circle Fiber Partners (guarantor) has over 150+ locations nationwide and is an affiliate of of Mill Point Capital (Over $2.5B AUM) GATED IOS SITE NEAR MAJOR LOGISTIC ROUTES - Over 1.85 Acres of gated IOS - Over 14,000 square feet of indoor storage - Approximately 6.35% of Building/Lot Coverage - Less than 2.5 Miles to I-77 (70,200 VPD) & ~9 miles to I-26 (70,900 VPD) RECENT BUILDING RENOVATIONS - Property was recently renovated to add outside LED lighting for security, recycled concrete throughout the yard, new exterior paint, additional fencing, repair roof leaks, and full office renovation LOCATED IN INDUSTRIAL NODE - Over 4.4MSF of industrial space within a 1-mile radius of subject site - Nearby industrial users include: Amazon, FedEx Ground, GMS, Beacon Roofing Supply, Cummins, 84Lumber and more COLUMBIA, SC GROWTH - The South Carolina State Capital has an annual growth rate of 1.46% and has the population has grown more than 6% since 2020 - Columbia has a strong job market with projected job growth of over 27% in the next ten years - Scout Motors chose Columbia for it’s new $2B manufacturing project, adding 4,000+ jobs, the largest development project in Richland Country history

FOR SALE DETAILS

PRICE

$1,642,250 USD

PRICE/SF

$114 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Warehouse and IOS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Distribution, Manufacturing, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

UTILITIES

-

CLEAR CEILING HT

26 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.21

LAND SF

226,948

ZONING

M-1

APN/PARCEL ID

16200-04-16

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
704-697-1900

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David HoppeAtlantic Capital PartnersMore Info
704-697-1900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.