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215 Assembly St

9,153 SF Office Building Columbia, SC 29201 $1,450,000 ($158/SF) 6.70% Cap Rate

Investment Highlights

  • Location
  • Condition

Executive Summary

BUILDING FOR SALE - NOT THE BUSINESS -Stand-alone building located on Assembly Street across from California Dreaming in the heart of the Columbia Business District and University of South Carolina offering over 9,000 square feet and housing a long-term tenant that has been in the property for over 18 years, CSL Plasma. Property has approximately 110' of frontage on Whaley Street, and 108' of frontage on Assembly Street. Zoned EC. This zoning district is designed to provide a mix of developments with an expectation of high-quality design, mix of employment, light industrial, office, institutional, research, medium intensity manufacturing, medical laboratories, multi-family dwellings, restaurants, and retail sales typically within a campus setting. Current lease in place has renewal options already signed. All utilities, including public water, sewer, electricity, natural gas, and telephone are available to the property. The building itself is a concrete block and steel frame structure with stucco and metal exterior siding built on a concrete slab foundation, with brand new metal roof, installed 2024, and rooftop HVAC units. The lot includes close to 60 parking spaces with access from both street frontages. Current rent is $8,145.28.

Property Facts Under Contract

Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Office
Building Size
9,153 SF
Building Class
C
Year Built
1964
Price
$1,450,000
Price Per SF
$158
Cap Rate
6.70%
NOI
$97,150
Tenancy
Single
Building Height
1 Story
Typical Floor Size
9,153 SF
Building FAR
0.27
Land Acres
0.77 AC
Zoning
EC - mix of employment, light industrial, office, research, medium intensity manufacturing, medical laboratories, multi-family,restaurants, and retail sale
Parking
58 Spaces (6.34 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line
  • Fenced Lot
  • Security System
  • Signage
  • Kitchen
  • Reception
  • Storage Space
  • Central Heating
  • Natural Light
  • Partitioned Offices
  • Air Conditioning
  • Smoke Detector
  • On-Site Security Staff

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Health Care and Social Assistance
  • 99,999 SF
  • -
  • Lorem Ipsum
  • -

CSL Plasma operates one of the world’s largest and most sophisticated plasma collection networks, with multiple plasma collection centers in U.S., Europe and China and employs various employees. CSL Plasma is vertically integrated, meaning plasma collected at CSL Plasma facilities are used by CSL Behring for the sole purpose of manufacture and deliver its life-saving therapies to people in more than 100 countries.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Health Care and Social Assistance 99,999 SF - Lorem Ipsum -
Walk Score ®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11301-02-02
Land Assessment
$673,400
Improvements Assessment
$411,500
Total Assessment
$1,084,900
  • Listing ID: 33463709

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 215 Assembly St, Columbia, SC 29201

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