1704 Bush River RdColumbia, SC 29210

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Overview

Added:

Dec 11, 2024

Days on market:

114

Exceptional investment opportunity in Columbia, South Carolina, featuring a mixed-use property totaling 6,750 square feet across two single-story buildings. This prime location boasts high visibility and proximity to numerous retail establishments, hotels, and entertainment venues, including a bowling alley. The property is zoned for commercial use and offers a strong 8.10% cap rate with a current NOI of $97,200. The property is currently leased to two tenants: a thriving Indian restaurant franchise, NAWABI HYDERABAD HOUSE, with a newly signed 5-year lease (plus a 5-year option) and a 2% annual rent increase

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Highlights

• Two separate buildings on the property.
• Indian restaurant: New 5-year lease with a 5-year renewal option; 2% annual rent increases.
• Butcher shop: 3-year lease with two renewal options (4 & 3 years); 10% rent increase at each renewal.

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Property Details for 1704 Bush River Rd

Property type

Retail properties, Restaurants

Square Feet

6,750 SF

Buildings

2

Stories

1

Location Insight

City

Columbia

County

Lexington

State

South Carolina

Latitude

34.029922967605

Longitude

-81.1148326344

1704 Bush River Rd, Columbia, South Carolina

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