2702 Emanuel Church RdWest Columbia, SC 29170

  • Retail properties
  • 40,000 SF
For Sale
$5,500,000 View listing

Property Details for 2702 Emanuel Church Rd

Year built
1985
Lot size
5.05 AC
Property size (Sq ft)
40,000 SF
Zone code
ID
Property type
Retail properties
Property subtype
Strip malls
APN
006796-01-014
APU
679601014

Description

This exceptional Class A, 40,000 square foot shopping center in West Columbia, South Carolina, presents a compelling value-add investment opportunity. Boasting 100% occupancy across 17 tenants in 18 units, this single-story, 1997-built property (fully renovated in 2022) generates a strong NOI of $372,000, translating to a 6.76% cap rate at an asking price of $5,500,000 ($137.50/sq ft). The property features 210 parking spaces and benefits from a net lease structure with built-in rent bumps. Situated on a 5.15-5.75 acre lot at 2702 Emanuel Church Rd, 29170, this prime location enjoys high visibility and traffic counts exceeding 21,000 vehicles daily. Its strategic adjacency to the Columbia Metropolitan Airport, McDonald's (shared parking), and Dollar General ensures consistent foot traffic and strong tenant demand. Further enhancing its value proposition is the proximity to a new 800-home development currently under construction less than a mile away. An additional 4.59 acres of adjacent commercial land is available for separate purchase. Proof of funds or financing is required.

2702 Emanuel Church Rd, West Columbia, South Carolina

Location Insight

City
West Columbia
County
Lexington
State
South Carolina
Latitude
33.9395
Longitude
-81.1487
CBSA code
17900
CBSA name
COLUMBIA, SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$37,602
$30,252
$46,248
$76,500
-
$504,200
$770,800
$1,275,000

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