For Sale
$6,500,000

710 Rabon Rd Columbia, SC 29203

Class A, Net Lease, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a ±20,000 square foot Class A medical office building in Northeast Columbia, South Carolina. Located at 710 Rabon Road, this multi-tenant property boasts a 4.60% cap rate and is priced at $6,500,000 ($325/sq ft). Situated on approximately 1.94 acres, the building offers ample parking with 113 spaces, including five handicapped spaces and three van-accessible spots. A convenient covered porte-cochère enhances accessibility at the main entrance/elevator lobby. The property benefits from a recently installed HVAC system and enjoys a prime location approximately 0.5 miles from Interstate 77, benefiting from high daily traffic volume on Farrow Road. Its proximity to MUSC Medical Northeast and numerous other medical practices, along with nearby retail and dining options, makes this a highly desirable location. Currently 94% occupied, this building represents a stable and attractive investment opportunity in a thriving medical corridor. The property features a strong tenant base and has a history of consistent occupancy.

Highlights

  • ±20,000 SF Class A medical office building on ±1.94 acres in Northeast Columbia, SC.
  • 113 parking spaces, including 5 handicapped and 3 van-accessible spaces.
  • Covered porte-cochère at main entrance/elevator lobby.
  • Excellent location near MUSC Medical Northeast and other medical practices.
  • ~0.5 miles from I-77, providing easy access to major roadways.

Property Details for 710 Rabon Rd

Property type
Office properties, Medical offices
Square Feet
20,000 SF
Class
A
Lot Size (sq. ft)
84,506 SF

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.1037782
Longitude
-80.9527922

FAQs

What type of property is this?
Office property - Class A, Net Lease, High Occupancy
Where is the office property located?
The property is located at 710 Rabon Rd Columbia, SC.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: ±20,000 SF Class A medical office building on ±1.94 acres in Northeast Columbia, SC.; 113 parking spaces, including 5 handicapped and 3 van-accessible spaces.; Covered porte-cochère at main entrance/elevator lobby.
How can I contact the broker?
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710 Rabon Rd
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