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1621-1623 Main St 18,799 SF 100% Leased Retail Building Columbia, SC 29201 $14,986,239 CAD ($797.18 CAD/SF) 5.75% Cap Rate
EXECUTIVE SUMMARY
Sale/Leaseback
Fully Leased
±18,779 SF
Five Floors of Useable Space
DAC (Downtown Activity Center District)
The property’s tax assessment is subject to theBailey Bill beginning in 2017
Fully renovated in 2017
Prime Main Street frontage in the heart of Downtown Columbia
Surrounded by restaurants, retailers, and offices in a vibrant urban corridor
Steps from the Soda City Market, drawing thousands of visitors each weekend
Excellent pedestrian visibility and foot traffic year-round
Convenient on-street and nearby garage parking options
Walking distance to the South Carolina State House and University of South Carolina
Located within Columbia’s business, cultural, and government hub
Fully Leased
±18,779 SF
Five Floors of Useable Space
DAC (Downtown Activity Center District)
The property’s tax assessment is subject to theBailey Bill beginning in 2017
Fully renovated in 2017
Prime Main Street frontage in the heart of Downtown Columbia
Surrounded by restaurants, retailers, and offices in a vibrant urban corridor
Steps from the Soda City Market, drawing thousands of visitors each weekend
Excellent pedestrian visibility and foot traffic year-round
Convenient on-street and nearby garage parking options
Walking distance to the South Carolina State House and University of South Carolina
Located within Columbia’s business, cultural, and government hub
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Storefront
Building Size
18,799 SF
Building Class
C
Year Built/Renovated
1939/2017
Price
$14,986,239 CAD
Price Per SF
$797.18 CAD
Cap Rate
5.75%
NOI
$861,709 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
1.03
Lot Size
0.42 AC
Zoning
C-5
Walk Score®
Very Walkable (81)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09014-04-14 | Improvements Assessment | $440,519 CAD |
| Land Assessment | $506,833 CAD | Total Assessment | $947,352 CAD |
PROPERTY TAXES
Parcel Number
09014-04-14
Land Assessment
$506,833 CAD
Improvements Assessment
$440,519 CAD
Total Assessment
$947,352 CAD
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1621-1623 Main St
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