Shopping Strip

Chapin Lake Plaza

145 Chapin Rd, Chapin, SC 29036

Listing Price: $825,000

Cap Rate
8.00%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$110.00
Lot Size
1.21 acres
Year Built
2017

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale Chapin Lake Plaza, located at 145 Chapin Road, Chapin, South Carolina. The Subject Property is comprised of one shopping center totaling 7500 square feet on 1.44 acres. Chapin Lake Plaza is located 20 minutes west of Columbia, South Carolina and is on the main thoroughfare in Chapin. Other retailers on Chapin Road include: Hardees, Walgreens, United Post Office, YMCA, and.

The offering is available to investors for $825,000 which will provide an investor with a 8 percent CAP rate day one and a Cash-on-Cash return of 11.11 percent with a proposed new loan. Chapin Lake Plaza is a rare opportunity for an investor to purchase a shopping center on a main thoroughfare in Chapin with newer construction and low capital expenditures.

Investment Highlights

  • 7.4 Percent Capitalization Rate Cash On Cash Return 9.5 Percent
  • Located Twenty Minutes From Columbia, South Carolina
  • New Leases Signed With All Tenants
  • $110 Per Foot
  • Newer Construction Built in 2017
  • Major Thoroughfare in The Sub-Market

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Financing By

Shopping Strip

Chapin Lake Plaza

Listing Price: $825,000

Cap Rate
8.00%
Gross SF
7,500
Rentable SF
7,500
Price/Gross SF
$110.00
Lot Size
1.21 acres
Year Built
2017

Investment Highlights

  • 7.4 Percent Capitalization Rate Cash On Cash Return 9.5 Percent
  • Located Twenty Minutes From Columbia, South Carolina
  • New Leases Signed With All Tenants
  • $110 Per Foot
  • Newer Construction Built in 2017
  • Major Thoroughfare in The Sub-Market

Investment Overview

Marcus & Millichap is pleased to exclusively list for sale Chapin Lake Plaza, located at 145 Chapin Road, Chapin, South Carolina. The Subject Property is comprised of one shopping center totaling 7500 square feet on 1.44 acres. Chapin Lake Plaza is located 20 minutes west of Columbia, South Carolina and is on the main thoroughfare in Chapin. Other retailers on Chapin Road include: Hardees, Walgreens, United Post Office, YMCA, and.

The offering is available to investors for $825,000 which will provide an investor with a 8 percent CAP rate day one and a Cash-on-Cash return of 11.11 percent with a proposed new loan. Chapin Lake Plaza is a rare opportunity for an investor to purchase a shopping center on a main thoroughfare in Chapin with newer construction and low capital expenditures.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Financing By

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