For Sale
$2,250,000

454 Berryhill RdColumbia, SC 29210

Fully Leased Office Building, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fully leased, 12,043 square foot office building situated on a 1.66-acre lot at 454 Berryhill Rd, Columbia, SC 29210. The single-story, 1980-built Class C property boasts a 100% occupancy rate with two tenants under a triple net (NNN) lease. The current lease, commencing May 1, 2022, and expiring April 30, 2025, includes automatic one-year renewal options. The property features 91 parking spaces and is zoned C-2. The building includes built-out office space with conference rooms and a spacious common area, along with a warehouse section containing a convenient 10' x 9' roll-up door. Its strategic location between Interstates 26 and 20 provides excellent accessibility and high visibility. The property offers a compelling investment opportunity with a current net operating income (NOI) of $168,124 and a 7.47% cap rate. The asking price is $2,250,000, translating to a price per square foot of $186.83. This property is ideal for investors seeking a stable, high-return asset in a prime location. The property's APN is 003697-02-053. The building serves as both executive and traditional office space, as well as medical office space.

Highlights

  • Fully leased, 12,043 SF office/warehouse building on a 1.66-acre lot in Columbia, SC.
  • Strategically located between I-26 and I-20, offering excellent accessibility.
  • 100% occupancy with two tenants under a NNN lease with renewal options expiring April 30, 2025.
  • Strong investment opportunity with a $2,250,000 asking price, $186.83/SF, $168,124 NOI, and a 7.47% cap rate.

Property Details for 454 Berryhill Rd

Property type
Office properties, Medical offices
Square Feet
12,043 SF
Class
C
Year Built
1980
Buildings
1
Stories
1
Lot Size (sq. ft)
72,310 SF

Location Insight

City
Columbia
County
Lexington
State
South Carolina
Latitude
34.032873
Longitude
-81.1224656
454 Berryhill Rd, Columbia, South Carolina

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454 Berryhill Rd
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