481 Town Center PlColumbia, SC 29229

  • Other commercial real estate
  • 27,693 SF
For Lease
$17/SF/YR View listing

Property Details for 481 Town Center Pl

Year built
2005
Construction
FRAME
Lot size
3.83 AC
Property size (Sq ft)
27,693 SF
Zone code
OI
Property type
Other commercial real estate
APN
R22900-02-15
APU
R229000215

Description

Village at Sandhill - Town Center I offers exceptional retail space for lease in Northeast Columbia, SC. This Class A property, built in 2004 and renovated in 2024, boasts 288,027 square feet across 12 buildings, with 33,993 square feet currently vacant. Located at 481 Town Center Pl, Columbia, SC 29229, the center enjoys high visibility at the signalized intersection of Clemson Road (28,500 VPD) and Two Notch Road (22,700 VPD). The property features 60 suites, with minimum divisible space of 1,300 square feet and a maximum contiguous space of 5,010 square feet. Anchored by major retailers including JCPenney, Belk, Sam's Club, Lowe's Foods, Home Depot, and Regal Cinemas, the center also includes popular brands like Ann Taylor Loft, Bath & Body Works, and Books-A-Million, along with various dining establishments. Lease rates are competitive, with restaurant space at $25 per square foot, spaces 2,500 square feet and under at $20 per square foot, and spaces over 2,501 square feet at $17 per square foot. NNN estimated at $6.90 per square foot. This is a unique opportunity to secure retail space in a thriving, established center.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,653,792
    Hospitality
    $4,262,849
    Educational
    $3,546,640
    Medical
    $3,668,615
    Retail
    $5,516,996
481 Town Center Pl, Columbia, South Carolina

Location Insight

City
Columbia
County
Richland
State
South Carolina
Latitude
34.1299
Longitude
-80.8775
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
$117,950
-
-
-
-
-
-
$2,530,700

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