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Investment Highlights

  • RAPID GROWTH IN THE CHAPIN / LAKE MURRAY TRADE AREA
  • BRAND-NEW CONSTRUCTION
  • COMPLEMENTARY SERVICE ORIENTED TENANCY

Executive Summary

COMPLEMENTARY SERVICEORIENTED TENANCY
- The property is leased to a diverse mix of daily needs and service-oriented tenants including McAlister’s Deli, Little Caesars, and AM Nail Bar
- This complementary tenant mix drives consistent customer traffic throughout the day and serves a broad consumer base within the growing Chapin trade area
RAPID GROWTH IN THE CHAPIN / LAKE MURRAY TRADE AREA
- Chapin is one of the fastest-growing communities in the Columbia metropolitan area, supported by continued residential development and strong household incomes
- The property also benefits from its proximity to Lake Murray, a major regional recreation destination that drives year-round traffic and consumer demand
STRONG RETAIL CORRIDOR VISIBILITY
- Positioned along Columbia Avenue (US-76), one of Chapin’s primary commercial corridors connecting the town directly to the Columbia MSA
- The location benefits from strong commuter traffic, excellent frontage, and convenient access for surrounding residential neighborhoods.
BRAND-NEW CONSTRUCTION
- Brand-New, Purpose-Built Multi-Tenant Retail Center Delivering 100% Occupied with Zero Lease-Up Risk
- 12.5 WALT
- Constructed to Each Tenant’s Current Prototype
COLUMBIA MSA ECONOMIC ENGINE
- 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
CLOSE PROXIMITY TO I-26
- Less than 1 mile to I-26 (48K VPD) which is Columbia’s primary interstate spine connecting Upstate SC to Lowcountry
- 13K VPD on Columbia Ave is the sole commercial arterial with no competing bypass route

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,200 SF
Building Class
C
Year Built
2026
Price
$6,069,106 CAD
Price Per SF
$978.89 CAD
Cap Rate
6%
NOI
$364,119 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
2.65 AC
Zoning
C - Commercial
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

CrossFit
Zaxby's
Waffle House
TD Bank

Property Taxes

Property Taxes

Parcel Number
000700-01-017
Land Assessment
$35 CAD
Improvements Assessment
$0 CAD
Total Assessment
$35 CAD
  • Listing ID: 39993931

  • Date on Market: 2026-04-01

  • Last Updated:

  • Address: 523 Columbia ave, Chapin, SC 29036

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