Investment Sale | 8% Cap Rate | 5 Year NNN Term

Industrial for Sale
Catylist Listing ID: 30543999
Property Subtypes: Free-Standing, Light Industrial, Net Leased, Office Showroom, Warehouse/Distribution
Building Size (RSF): 4,500 SF
Gross Land Area: 1.09 Acres
Sale Price: $550,000
Unit Price: $122.22 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 2/11/2020

Overview / Comments

1225 Bickley is a 4,500 SF warehouse/showroom situated on 1.09 acres of light industrial zoned land in Irmo, SC. The property is serviced by (2) 12'X14' overhead doors and a fully secured laydown yard with lighting and security cameras. The property has recently been renovated with a full wrap around apron of concrete, newly poured concrete for parking, new LED lighting, 14’ Paterson warehouse fan and an exterior awning. Located just .5 miles from I-26 the property is situated in the path of new development and great opportunity. Owner will leaseback at closing. The new lease will be a 5 year NNN term.

Attachments & Media

Additional Details

Nearest MSA: Columbia
County: Richland
Tax ID/APN: R02500-07-19
Zoning: CG
Year Built: 1995
Eave Height: 1
Sprinklers: None

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 20,322 54,840
Median Age: 38.08 39.1
Households: 7,176 20,601

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