2518 Forest Dr Columbia, SC 29204

This exceptional value-add opportunity presents a fully leased, four-unit retail strip center located at 2518-2526 Forest Drive in Columbia, South Carolina. The property, built in 1955 and extensively renovated in 2023, boasts a total of 8,112 square feet of net rentable space, currently operating at 100% occupancy. Each unit is part of a gross lease agreement, generating a substantial net operating income (NOI) of $78,800, resulting in an attractive 9.85% capitalization rate. The asking price is $800,000, translating to $98.62 per square foot. Situated on a 0.33-acre lot, this single-story building is zoned O-I and benefits from its location in a high-traffic area. The property's strong performance and recent renovations make it an ideal investment for those seeking a stable, high-return asset in a desirable market. The property features a single building with four units and is offered as an "as is" sale. The Richland County location and its 29204 zip code offer excellent access to a thriving retail environment.