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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.

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
200’ on John C Calhoun Dr

Amenities

  • Pylon Sign
  • Signage
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
30/100

Nearby Major Retailers

Cook Out
WOW Cafe & Wingery

Property Taxes

Property Taxes

Parcel Number
0173-20-02-004.000
Land Assessment
$2,235 CAD
Improvements Assessment
$19,505 CAD
Total Assessment
$21,740 CAD
  • Listing ID: 35025195

  • Date on Market: 2025-03-05

  • Last Updated:

  • Address: 327 & 323 John C Calhoun Dr, Orangeburg, SC 29115

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