For Sale
$2,500,000

2768 Decker BlvdColumbia, SC 29206

High-Yield Shopping Center, 100% Occupied

Overview

Added:
Dec 11, 2024
Days on market:
114
Dentsville Square, a fully leased retail shopping center, presents a compelling investment opportunity in Columbia, South Carolina. This 55,350 square foot property, built in 1977, boasts a 100% occupancy rate and a strong 9.00% capitalization rate. The asking price is $2,500,000, translating to $45.17 per square foot. The property is situated at 2768 Decker Blvd, Columbia, SC 29206, in Richland County, offering excellent visibility on a high-traffic corner with an average daily traffic count exceeding 26,000 vehicles. Its strategic location in South Carolina's capital city places it just miles from South Carolina State University, benefiting from a dense market of over 122,000 residents within a 5-mile radius. The average household income in this area is $67,000 annually, indicating strong consumer spending power. The property operates under a modified lease type with multiple tenants. This prime retail location offers a stable income stream and significant potential for future growth, making it an attractive investment for discerning buyers. The property is classified as both a shopping center and storefront.

Highlights

  • Fully leased retail shopping center in Columbia, SC with 100% occupancy.
  • 55,350 square foot property, built in 1977, asking $2,500,000 ($45.17/SF).
  • 9.00% capitalization rate.
  • High-traffic corner location at 2768 Decker Blvd, Columbia, SC 29206 (Richland County), with over 26,000 vehicles daily.
  • Strong demographics: Over 122,000 residents within 5 miles, average household income $67,000.
  • Modified lease with multiple tenants.

Property Details for 2768 Decker Blvd

Property type
Lifestyle centers, Power centers
Square Feet
55,350 SF
Year Built
1977

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.0648761
Longitude
-80.9559476
2768 Decker Blvd, Columbia, South Carolina

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2768 Decker Blvd
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