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Samsung 267 Columbia Ave 191,064 SF Industrial Building Chapin, SC 29036 $12,763,531 CAD ($66.80 CAD/SF)

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Investment Highlights

  • Fronts Columbia Ave a primary artery where VPD averages 13,200

Executive Summary

INTERSTATE + PORT CONNECTIVITY
- Site is 1.4 miles to I-26
- Fronts Columbia Ave a primary artery where VPD averages 13,200
- South Carolina Ports just finished FY-2025 with 2.6M Standard shipping containers handled and recorded rail lifts at inland Port Greer up 10% YoY showing strength of options along the I-26 corridor
INVESTMENT HIGHLIGHTS ANCILLARY SUPPORT OF MISSION CRITICAL FACILITY
- Samsung invested nearly $500M into the 1.50M SF facility and is the primary US appliance production hub, supporting nearly 1,500 local jobs
WELL POSITIONED IN MARKET, PROVIDING FUTURE REDEVELOPMENT UPSIDE
- Directly Across From Chapin High School (1,617 Students)
- Over 500K SF of Retail in 1-Mile Radius boasting 0.7% vacancy Rate
- Nearby National Grocers include Lowes Food, Publix, and Food Lion
~398 new homes planned in 2026 immediately north of the property
COLUMBIA MSA
- Columbia MSA has a growing population of approximately 850,000 and serves as South Carolinas primary inland logistics hub
- The regional economy is anchored by state government, University of South Carolina and a growing advanced manufacturing base
- Industrial demand is supported by direct access to I-26 providing connectivity to the Port of Charleston
CORPORATE COUNTERPARTY
- 100% leased to Samsung Electronics Home Appliances America LLC an investment grade tenant backed by Samsung Electronics Co Ltd ranked #33 on the 2024 Fortune Global 500
- Samsung has approximately $198 billion in annual revenue
ATTRACTIVE LEASE FUNDAMENTALS
- Tenant responsible for taxes, insurance and repairs
- 48-month lease term with 3% annual rent escalations included in the option period
- Landlord delivered new LED lights in 2021

Property Facts

Price $12,763,531 CAD
Price Per SF $66.80 CAD
Sale Type Owner User
Property Type Industrial
Property Subtype
Manufacturing
  • Industrial Distribution
  • Industrial Warehouse
Building Class B
Lot Size 17.00 AC
Rentable Building Area 191,064 SF
No. Stories 1
Year Built 2020
Parking Ratio 1.63/1,000 SF
Clear Ceiling Height 16’
No. Dock-High Doors/Loading 6
No. Drive In / Grade-Level Doors 4
Zoning LI - Industrial

Amenities

  • Fenced Lot
  • Signage
  • Yard
  • Storage Space

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

Property Taxes

Property Taxes

Parcel Number
000719-02-004
Land Assessment
$53,696 CAD
Improvements Assessment
$102,781 CAD
Total Assessment
$156,477 CAD
  • Listing ID: 33772070

  • Date on Market: 2024-11-06

  • Last Updated:

  • Address: 267 Columbia Ave, Chapin, SC 29036

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