125 Outlet Pointe BlvdColumbia, SC 29210

  • Retail properties
  • 40,200 SF
For Lease
$12/SF/YR View listing

Property Details for 125 Outlet Pointe Blvd

Year built
1985
Lot size
2.86 AC
Property size (Sq ft)
40,200 SF
Zone code
C2
Property type
Retail properties
Property subtype
Strip malls
APN
003697-06-007
APU
369706007

Description

This ±38,000 square foot shopping center, located at 125 Outlet Pointe Blvd in Richland County's Saint Andrews submarket, presents a prime leasing opportunity. The property boasts a ±4,315 square foot vacant unit (Unit D), ideal for a variety of retail uses. This space features a large, open layout with hardwood floors, providing a versatile canvas for tenant improvements. The center enjoys a highly desirable location just off I-20 at Bush River Road, placing it within close proximity to the Harbison retail corridor, a leading retail destination in the state. Ample parking is available with 130 surface spaces, providing a generous 3.78 spaces per 1,000 square feet. High traffic counts further enhance the property's appeal, with Bush River Road seeing 16,100 vehicles per day and I-20 boasting 82,700 vehicles per day in 2019. Convenient access to downtown Columbia is easily achieved via I-126. This exceptional location, combined with the available space's attractive features and ample parking, makes this a compelling opportunity for businesses seeking high visibility and strong foot traffic.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,887,300
    6.5%
    $8,203,662
    7%
    $7,617,686
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,412,466
    Geo Method
    $17,154,820
  • Alternative Use

    Use
    Valuation
    Residential
    $6,920,096
    Hospitality
    $6,338,770
    Educational
    $5,273,782
    Medical
    $5,455,156
    Retail
    $8,203,662
125 Outlet Pointe Blvd, Columbia, South Carolina

Location Insight

City
Columbia
County
Lexington
State
South Carolina
Latitude
34.0314
Longitude
-81.1245
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
$49,860
$18,690
$96,386
$115,076
-
$311,500
$1,606,428
$1,917,928

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