For Sale
$4,200,000

100 Gateway Corporate BlvdColumbia, SC 29203

Columbia, SC Office Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional two-story office building, totaling 28,500 square feet, is situated on a 3.1-acre lot in Northeast Columbia, South Carolina. Built in 1992 and renovated in 2000, the property boasts ample parking and is ideally located just off Interstate 77 and Farrow Road, providing convenient access to major roadways. Currently leased to Webster University with a remaining two-year lease term, this property presents a compelling investment opportunity. Its prime location in the thriving Northeast corridor offers proximity to MUSC Medical Northeast, numerous retailers, restaurants, and businesses, enhancing its appeal as a medical office or general office space. The area benefits from consistent economic growth, further bolstered by the nearby Scout Motors manufacturing plant, creating 4,000 new jobs. The property's strong location, combined with a 7.3% cap rate and a large 3.1-acre lot, makes it an attractive investment for discerning buyers. The building is approximately 10.2 miles from Interstate 77 and serves a vibrant local market with approximately 46,846 households within a 5-mile radius. This is a rare opportunity to acquire a well-maintained, strategically located office building in a rapidly growing area of Columbia, SC. The asking price is $4,200,000, with a price per square foot of $147.37. The property is zoned for both creative office and medical office uses.

Highlights

  • 7.3% Cap Rate.
  • Prime Northeast Columbia location.
  • ±10.2 miles from I-77, offering excellent access to major roadways.
  • Vibrant local market with ±46,846 households within a 5-mile radius.
  • Proximity to MUSC Medical Northeast.

Property Details for 100 Gateway Corporate Blvd

Property type
Office properties, Medical offices
Square Feet
28,500 SF
Year Built/Renovated
1992/2000
Lot Size (sq. ft)
135,036 SF

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.1050122
Longitude
-80.955232
100 Gateway Corporate Blvd, Columbia, South Carolina

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100 Gateway Corporate Blvd
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