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Office Warehouse

Hensley Flex Center

120 Kaminer Way Pkwy, Columbia, SC 29210

Listing Price: $1,400,000

Cap Rate
7.46%
Gross SF
12,310
Price/Gross SF
$113.73
Lot Size
1.82 acres
Year Built
1990
Rentable SF
12,310

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in Hensley Flex Center, a fully occupied business park consisting of three buildings totaling 12,310 square-feet along with an additional shed. The property features an eclectic tenant mix all on NNN leases with minimal landlord responsibilities. With less than two years of term remaining on all leases, the property offers substantial value-add opportunity by raising rents to market and extending terms. The buildings are situated on 1.82 acres just off of Broad River Rd in Columbia, South Carolina.

The Columbia metro contains the state capital and the University of South Carolina. As a result, the market has a growing and diverse economic base with a strong foundation in government, education and insurance. The city of Columbia itself is the second-most populous city in South Carolina, with 141,000 people. Overall, the metro’s 851,000 residents are spread among six counties in the central portion of the state: Richland, Calhoun, Lexington, Fairfield, Kershaw and Saluda.

Investment Highlights

  • Prime Investment Opportunity | 100% Occupied Flex Center Located in Columbia, SC
  • All NNN Leases | Minimal Landlord Responsibilities | Three Buildings Totaling 12,310 SF | Additional Shed Excluded from GLA
  • Value-Add by Raising Below Market Rents | Short-Term & M-T-M Leases
  • Diverse Tenant Mix Including a Nutritionist, Salons, Printing Company, Steri-Clean, and More
  • Located Just Off Of Broad River Rd (22,500+ VPD) In Columbia, SC | In Close Proximity to Interstate-26, Interstate-20, Downtown Columbia, & More
  • Scout Motors, Inc. Investing $2 Billion Into Columbia MSA Manufacturing Plant | Creating 4,000+ Job

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Office Warehouse

Hensley Flex Center

Listing Price: $1,400,000

Cap Rate
7.46%
Gross SF
12,310
Price/Gross SF
$113.73
Lot Size
1.82 acres
Year Built
1990
Rentable SF
12,310

Investment Highlights

  • Prime Investment Opportunity | 100% Occupied Flex Center Located in Columbia, SC
  • All NNN Leases | Minimal Landlord Responsibilities | Three Buildings Totaling 12,310 SF | Additional Shed Excluded from GLA
  • Value-Add by Raising Below Market Rents | Short-Term & M-T-M Leases
  • Diverse Tenant Mix Including a Nutritionist, Salons, Printing Company, Steri-Clean, and More
  • Located Just Off Of Broad River Rd (22,500+ VPD) In Columbia, SC | In Close Proximity to Interstate-26, Interstate-20, Downtown Columbia, & More
  • Scout Motors, Inc. Investing $2 Billion Into Columbia MSA Manufacturing Plant | Creating 4,000+ Job

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in Hensley Flex Center, a fully occupied business park consisting of three buildings totaling 12,310 square-feet along with an additional shed. The property features an eclectic tenant mix all on NNN leases with minimal landlord responsibilities. With less than two years of term remaining on all leases, the property offers substantial value-add opportunity by raising rents to market and extending terms. The buildings are situated on 1.82 acres just off of Broad River Rd in Columbia, South Carolina. The Columbia metro contains the state capital and the University of South Carolina. As a result, the market has a growing and diverse economic base with a strong foundation in government, education and insurance. The city of Columbia itself is the second-most populous city in South Carolina, with 141,000 people. Overall, the metro’s 851,000 residents are spread among six counties in the central portion of the state: Richland, Calhoun, Lexington, Fairfield, Kershaw and Saluda.

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

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