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NNN Leased Industrial Flex Complex

3 Industrial Properties Offered at £4,488,400 in Columbia, SC

Investment Highlights

  • Single-tenant investment opportunity strategically located off I-77 in the growing state capital market of Columbia, South Carolina.
  • Adjacent to I-77 with easy access to Downtown Columbia, Columbia Metropolitan Airport, or other major metros via I-77, I-26, and I-20.
  • Absolute NNN lease terms through October 2029, providing a hands-off offering for investors with significant cash flow.
  • Benefits from the business-friendly municipality and a submarket experiencing low vacancies and rising rental rates.

Executive Summary

Wilson Kibler is pleased to present 1240 Veterans Road (“The Property”), in
Columbia, South Carolina. This is an opportunity to acquire a 100% leased,
±43,600-square-foot flex building well located in the rapidly expanding Columbia market. The property is a NNN lease with strong cash flows. 1240 Veterans Road is located in the Southeast submarket of the Columbia industrial market. The Columbia industrial market is 63.1mm square feet and low 3.9% vacancy. The Southeast Columbia submarket is 14.8mm square feet and 4.3% vacancy. REI Automation is a subsidiary of the Hahn Group.

Data Room Click Here to Access

Property Facts

Price £4,488,400
Price / SF £104.47 / SF
Net Initial Yield 6.96%
Sale Type Investment NNN
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 42,964 SF
Total Land Area 18.42 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
Building B
1230 Veterans Rd, Columbia, SC 29209
Industrial 13,048 SF 2006 -
Building A
1230 Veterans Rd, Columbia, SC 29209
Industrial 10,438 SF 2002 -
1240 Veterans Rd, Columbia, SC 29209 Industrial 19,478 SF 2006 -
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  • Listing ID: 29712532

  • Date on Market: 25/07/2024

  • Last Updated:

  • Address: NNN Leased Industrial Flex Complex, Columbia, SC

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