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327 & 323 John C Calhoun Dr 7,000 SF 100% Leased Retail Building Orangeburg, SC 29115 $764,298 CAD ($109.19 CAD/SF) 6% Cap Rate



Investment Highlights
- Located on John C Calhoun Dr, a primary commercial corridor in Orangeburg with strong traffic exposure.
Executive Summary
This fully leased two-building property along John C Calhoun Drive offers investors an opportunity to acquire a stable income-producing asset in Orangeburg, SC. The 7,000 square-foot multi-tenant property is anchored by two long-term tenants representing reliable industry sectors. Midland Specialties occupies Building A under a lease that runs through December 2027, while Orangeburg Auto Paint has maintained its presence since 1998 with a lease extending to January 2030. Both leases provide consistent monthly rent totaling $3,675 combined, delivering an annual revenue of $44,100.
Significant recent capital improvements include new roofing for both structures in 2019 and a new HVAC system in Building A installed in 2022, reducing near-term maintenance risk for investors. Current annual operating expenses are $10,638.65, yielding an EBIT of $33,461.35 and an estimated 6% cap rate at the asking price of $558,000. This property suits buyers seeking long-term stability with minimal management requirements in a high-visibility corridor supported by strong local and regional connectivity.
Significant recent capital improvements include new roofing for both structures in 2019 and a new HVAC system in Building A installed in 2022, reducing near-term maintenance risk for investors. Current annual operating expenses are $10,638.65, yielding an EBIT of $33,461.35 and an estimated 6% cap rate at the asking price of $558,000. This property suits buyers seeking long-term stability with minimal management requirements in a high-visibility corridor supported by strong local and regional connectivity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,000 SF
Building Class
C
Year Built/Renovated
1988/2000
Price
$764,298 CAD
Price Per SF
$109.19 CAD
Cap Rate
6%
NOI
$45,858 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.49 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
12 Spaces (1.71 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0173-20-02-004.000 | Improvements Assessment | $19,505 CAD |
| Land Assessment | $2,235 CAD | Total Assessment | $21,740 CAD |
Property Taxes
Parcel Number
0173-20-02-004.000
Land Assessment
$2,235 CAD
Improvements Assessment
$19,505 CAD
Total Assessment
$21,740 CAD
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Presented by
Parts Stores Inc
327 & 323 John C Calhoun Dr
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