239 Harbison Rd - Freestanding FOR SALE


Columbia, SC 29212
$3,950,000 USD
949-903-3399
239 Harbison Rd, Columbia, SC for Sale
$3,950,000 USD
Freestanding - FOR SALE
1/12
null | 6.08% Cap Rate

239 Harbison Rd
Columbia, SC 29212


HIGHLIGHTS

  • Single Tenant Net Leased AT&T Retail Asset – Columbia, SC (MSA Population Exceeding 850,000)
  • Irreplaceable Retail Density/Trade Area - Main & Main Corridor o Surrounded by all Major Retailers
  • Strong Guarantee/Balance Sheet (New Cingular Wireless LLC) o Wholly Owned Subsidiary of AT&T
  • Capital City of State - Huge Commercial/Population Growth o Ranked #3 among “Growing States”
  • Best in Class Name - Rare 2% Annual Bumps - Longterm Occupancy o Recent Tenant Improvements
  • Excellent Visibility next to Harrison Ct Center o Columbiana Centre Mall (Walmart-Belk-Best Buy)

OVERVIEW

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to acquire the single tenant Net leased AT&T in Columbia, SC. New Cingular Wireless PCS, LLC , which is a wholly owned subsidiary of AT&T, Inc, recently extended their long term lease for an additional 5 years demonstrating the strength and profitability of this location. The net lease has limited landlord responsibilities (roof & structure only) and features 2% annual rent increases, ideal for investors seeking inflation resistant income. The 5,000 SF building on 1.01-acre parcel is strategically located along Harbison Boulevard which sees over 31,800 VPD, is strategically positioned along a major retail corridor, and is a half mile from Columbiana Centre (788,000 SF Super Regional Mall) and Interstate 26 (107,000 VPD).

FOR SALE DETAILS

PRICE

$3,950,000 USD

PRICE/SF

$790 USD /SF

CAP RATE

6.08%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AT&T Store - Recent Extension

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

Commercial

APN/PARCEL ID

001941-01-012

ASK ABOUT THIS PROPERTY

Eric CarltonColliersMore Info
949-903-3399

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Eric CarltonColliersMore Info
949-903-3399

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