Dentsville Square - Columbia, SC 2768 Decker Blvd

46,445 SF 100% Leased Retail Building Columbia, SC 29206 $2,500,000 ($54/SF) 7.74% Cap Rate

INVESTMENT HIGHLIGHTS

  • Convenient Accessibility: Benefitting From Easy Access to Major Roadways, Ensuring High Visibility and Customer Convenience
  • Economic Vibrancy: Located in the 70th Largest MSA in the Country and the Second Largest MSA in the State With Steady Growth and Strong Retail Demand
  • Attractive Price PSF: Unique Opportunity to Buy a Shopping Center in a Primary MSA at an Extremely Low $54 PSF to the Building and $10 PSF to the Land
  • Proximity to Major Destinations: Situated Near Two Notch Road, a Hub For Shopping and Dining
  • Existing Vacancy and Near-Term Lease Rollover Provide a Developer or Owner/User With the Opportunity For Increased Income Through Lease-Up
  • Assumable Debt Available: While the Property Can Be Offered Free and Clear of Debt, the Owner is Willing to Go Through a Loan Assumption

EXECUTIVE SUMMARY

Sands Investment Group is Pleased to Exclusively Offer For Sale the 46,445 SF Neighborhood Center Located at 2768 Decker Boulevard in Columbia, SC. This Value-Add Investment Offering Features Significantly Below Market Rental Rates and Near Term Rollover, This Property Will Offer a Developer or Owner/User Significant Double-Digit Yield on Cost Returns By the End of Year 1 of the Holding Period.

In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
46,445 SF
Building Class
C
Year Built
1977
Price
$2,500,000
Price Per SF
$54
Cap Rate
7.74%
NOI
$193,605
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
5.58 AC
Frontage
505 FT on Decker Boulevard

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Comedy Club
  • Retailer
  • 19,000 SF
  • $6.32
  • Dec 2025
  • CSL Plasma
  • Retailer
  • 11,545 SF
  • $6.23
  • Nov 2032
  • Donivon Glassburn
  • Retailer
  • 1,250 SF
  • $10.56
  • Dec 2025
  • The Friends Club, Inc.
  • Retailer
  • 2,200 SF
  • $11.45
  • Sep 2028
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Comedy Club Retailer 19,000 SF $6.32 Dec 2025
CSL Plasma Retailer 11,545 SF $6.23 Nov 2032
Donivon Glassburn Retailer 1,250 SF $10.56 Dec 2025
The Friends Club, Inc. Retailer 2,200 SF $11.45 Sep 2028

NEARBY MAJOR RETAILERS

Checkers Drive-In Restaurant
Maurice's Barbeque
Bank of America
China Max
First Citizens Bank
LongHorn Steakhouse
Waffle House
Lizard's Thicket
Food Lion
Outback Steakhouse

PROPERTY TAXES

  • Listing ID: 34503200

  • Date on Market: 1/16/2025

  • Last Updated:

  • Address: 2768 Decker Blvd, Columbia, SC 29206