Overview
- Updated On:
- May 13, 2024
Description
• Multitenant Office Portfolio Located in Columbia, SC | Three Buildings Totaling 186,124 SF
• Strong Tenant-Mix | Major Tenants Include University of South Carolina & Fortis College | Mix of Medical & Law Firms
• Value-Add Opportunity by Extending Terms, & Filling Vacancy
• Staggered Lease Rollover | Majority of Leases Feature Annual Escalations
• Primely Located Just Off the Greystone Blvd (12,600+ VPD) & I-126 (62,800+ VPD) Interchange
• Roughly 3 Miles to Downtown Columbia & Less than 4 Miles to both Prisma Health Richland Hospital (641 Beds) & Lexington Medical Center (557 Beds)
• Over $2 Million in CapEx Since 2019, Including New LED Lighting, HVAC Control Upgrades, & Common Area Renovations
- Close Proximity to the Former Richland Mall | Future $100 Million Mixed-Use Development
- Proximity to the Future Scout Motors Inc. Manufacturing Plant | $2 Billion Investment & 4,000+ Jobs Being Created
Address: 220, 240, 246 Stoneridge Dr
City: Columbia
State/County: South Carolina
Country: United States
Property Id: 20166
Price: $ 16,800,000
Price/SF: $88.65
Cap Rate: 8.81%
Building Size: 186,124 SF
Rentable Area: 186,124 SF
Lot Size: 14.98 Acres
Year Built: 1984/1975/1982
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