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2518 Forest Dr

8,112 SF Retail Building Columbia, SC 29204 £627,993 (£77/SF) 9.75% Net Initial Yield

Investment Highlights

  • Great Value Add Investment Opportunity
  • Heavy Traffic Area
  • 4 Unit Retail Strip Center

Executive Summary

Value Add Investment Opportunity. 4 unit Retail Strip Center. 100% Leased. As Is Sale.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,112 SF
Building Class
C
Year Built/Renovated
1955/2024
Price
£627,993
Price Per SF
£77
Net Initial Yield
9.75%
NOI
£61,229
Tenancy
Multiple
Number of Floors
1
Building FAR
0.53
Land Acres
0.35 AC
Zoning
O-I - Approved for Grocery, Restaurant, Mini Grocery Store, Yoga Studio, Fast Casual Restaurant, Bakery, Office, Retail etc.
Parking
11 Spaces (1.36 Spaces per 1,000 SF Leased)
Frontage
80 ft on Forest Drive

Amenities

  • Corner Lot
  • Pylon Sign
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 2522
  • 3,250 SF
  • Retail
  • In-Line
  • Now
Space Size Space Use Position Available
2522 3,250 SF Retail In-Line Now

2522

Size
3,250 SF
Space Use
Retail
Position
In-Line
Available
Now

2522

Size 3,250 SF
Space Use Retail
Position In-Line
Available Now

Nearby Major Retailers

Starbucks
Waffle House
Food Lion
The Flying Biscuit Cafe
Orangetheory Fitness
Cook Out
Shop N Save LLC
Bank of America
Garibaldi's  Cafe
Pure Barre

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11412-06-04
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£276,866
  • Listing ID: 31695655

  • Date on Market: 03/05/2024

  • Last Updated:

  • Address: 2518 Forest Dr, Columbia, SC 29204

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