For Sale
$2,300,000

971 Harbor DrWest Columbia, SC 29169

High-yield industrial warehouse, NNN lease.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 28,000-square-foot warehouse, located at 971 Harbor Dr, West Columbia, SC 29169, presents a compelling investment opportunity. Built in 2000 and meticulously maintained, this single-tenant industrial building boasts a 6.26% cap rate and a strong net operating income (NOI) of $143,963. The property sits on a 1.85-acre lot and features nine dock-high doors and a 26-foot ceiling height, ideal for warehouse and distribution operations. Currently 100% occupied by Trane Technologies under a Net Lease (NNN) agreement, the tenant recently exercised a lease renewal option, ensuring a stable income stream. The property is zoned ID, allowing for a variety of industrial uses. Its prominent location on I-26 in West Columbia provides excellent visibility and accessibility. This is a secure investment opportunity in a thriving industrial real estate market. The asking price is $2,300,000. This property offers a rare combination of strong tenant occupancy, a favorable lease structure, and a high-yield return, making it an attractive addition to any investment portfolio.

Highlights

  • $2,300,000 asking price for a Net Leased industrial warehouse.
  • 28,000 square foot warehouse with a 6.26% cap rate and $143,963 NOI.
  • Single-tenant, NNN lease with Trane Technologies, recently renewed.
  • Located at 971 Harbor Dr, West Columbia, SC 29169, on I-26.
  • Features 9 dock-high doors and 26' ceiling height on a 1.85-acre lot.
  • Built in 2000 and zoned ID.

Property Details for 971 Harbor Dr

Property type
Warehouses, Industrial properties
Square Feet
28,000 SF
Year Built
2000
Lot Size (sq. ft)
80,586 SF

Location Insight

City
West Columbia
County
Lexington
State
South Carolina
Latitude
33.9946175
Longitude
-81.1089672
971 Harbor Dr, West Columbia, South Carolina

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971 Harbor Dr
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