Single-Tenant Office

Webster University w/ Favorable Annual Increases | Ranked 15th Best College in the Midwest

100 Gateway Corporate Blvd, Columbia, SC 29203

Listing Price: $3,500,000

Cap Rate
9.31%
Tenant Name
Webster University
Years Remaining On Lease
5.1
Gross SF
28,500
Guarantor
Corporate Guarantee
Rentable SF
28,500
Price/Gross SF
$122.81
Lease Type
Full Service Gross with Expense Stops
Rent Per Square Feet
$11.43

Investment Overview

Columbia is the capital and second-largest city of the U.S. state of South Carolina. The city is located about 13 miles northwest of the geographic center of South Carolina, and is the primary city of the Midlands region of the state. It lies at the confluence of the Saluda River and the Broad River, which merge at Columbia to form the Congaree River. Columbia is home to the University of South Carolina, the state’s flagship university and the largest in the state, and is also the site of Fort Jackson, the largest United States Army installation for Basic Combat Training. Columbia is also located 20 miles west of the site of McEntire Joint National Guard Base, which is operated by the U.S. Air Force and is used as a training base for the 169th Fighter Wing of the South Carolina Air National Guard. Columbia is also the location of the South Carolina State House, which is the center of government for the state.

Investment Highlights

  • Single Tenant Investment Opportunity. Webster University Features Over 64+ Locations Worldwide and Features Annual Revenues in Excess of $171+ Million.
  • Lease Features Favorable 2.5% Annual Rental Increases throughout the Initial Term. Tenant Recently Exercised their Option in April 2020 Demonstrating a Strong Commitment to the Location.
  • Positioned Along Area's Major Traffic, Medical & Office Corridor. Features Easy Access and Excellent Visibility with Direct Access to Interstate-77.
  • Densely Populated and Affluent Area: Features an Average Household Income of $86k+ and more than 110k People Residing within a 5-Mile Radius.
  • In Close Proximity to Numerous National Retailers including The Home Depot, Lowe's, Food Lion, Big Lot's, Harbor Freight, Walgreens and many more.
  • Near Numerous Schools including Spring Valley High School (2,080+ Students), Richland Northeast High School (1,375+ Students) and W J Keenan High School (670+ Students).
  • Across from Providence Health-Northeast - A 74-Bed State-of-the-Art Medical Facility Offering a Wide-Range of Critical Care to all of Northeast Columbia's Healthcare needs.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

Single-Tenant Office

Webster University w/ Favorable Annual Increases | Ranked 15th Best College in the Midwest

Listing Price: $3,500,000

Cap Rate
9.31%
Tenant Name
Webster University
Years Remaining On Lease
5.1
Gross SF
28,500
Guarantor
Corporate Guarantee
Rentable SF
28,500
Price/Gross SF
$122.81
Lease Type
Full Service Gross with Expense Stops
Rent Per Square Feet
$11.43

Investment Highlights

  • Single Tenant Investment Opportunity. Webster University Features Over 64+ Locations Worldwide and Features Annual Revenues in Excess of $171+ Million.
  • Lease Features Favorable 2.5% Annual Rental Increases throughout the Initial Term. Tenant Recently Exercised their Option in April 2020 Demonstrating a Strong Commitment to the Location.
  • Positioned Along Area's Major Traffic, Medical & Office Corridor. Features Easy Access and Excellent Visibility with Direct Access to Interstate-77.
  • Densely Populated and Affluent Area: Features an Average Household Income of $86k+ and more than 110k People Residing within a 5-Mile Radius.
  • In Close Proximity to Numerous National Retailers including The Home Depot, Lowe's, Food Lion, Big Lot's, Harbor Freight, Walgreens and many more.
  • Near Numerous Schools including Spring Valley High School (2,080+ Students), Richland Northeast High School (1,375+ Students) and W J Keenan High School (670+ Students).
  • Across from Providence Health-Northeast - A 74-Bed State-of-the-Art Medical Facility Offering a Wide-Range of Critical Care to all of Northeast Columbia's Healthcare needs.

Investment Overview

Columbia is the capital and second-largest city of the U.S. state of South Carolina. The city is located about 13 miles northwest of the geographic center of South Carolina, and is the primary city of the Midlands region of the state. It lies at the confluence of the Saluda River and the Broad River, which merge at Columbia to form the Congaree River. Columbia is home to the University of South Carolina, the state’s flagship university and the largest in the state, and is also the site of Fort Jackson, the largest United States Army installation for Basic Combat Training. Columbia is also located 20 miles west of the site of McEntire Joint National Guard Base, which is operated by the U.S. Air Force and is used as a training base for the 169th Fighter Wing of the South Carolina Air National Guard. Columbia is also the location of the South Carolina State House, which is the center of government for the state.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    License(s): SC: 86628

    South Carolina

MM Texture Background
MM Textured Background Lower