450 Columbiana Dr Columbia, SC 29212

This exceptional investment opportunity presents a fee-simple, single-tenant retail property in Columbia, South Carolina, totaling 10,100 square feet. The property, built in 1996 and situated on a 1.35-acre lot, is currently 100% occupied by a daycare center under a corporate NNN lease with Cadence Education, a leading early education provider with over 300 locations nationwide. The lease commenced June 1, 2018, and has a remaining term of approximately 10.1 years, extending to December 31, 2034. The lease includes annual rent bumps of 2%, ensuring consistent income growth. The asking price is $3,339,899, representing a compelling $330.68 per square foot and a 6.50% cap rate based on a current Net Operating Income (NOI) of $217,093. The property benefits from its strategic location near major retailers, including Lowe's, Home Depot, and the Columbiana Centre mall, serving a thriving community with an average household income exceeding $102,000 within a 5-mile radius. This location also provides convenient access to two elementary schools, establishing a strong feeder school dynamic. The tenant, Cadence Education, is backed by Apax Partners, a prominent private equity firm, further solidifying the investment's stability. Lease options include 4 and 5-year extensions. This presents a rare opportunity to acquire a high-performing, stable investment in a rapidly growing market.