Hobby Lobby | Columbia, SC
6.50% CAP | HIGH PERFORMING LOCATION ALONG RETAIL CORRIDOR
Investment highlights
CORPORATE NET LEASE TO NATIONAL RETAILER
Leased to Hobby Lobby Stores, Inc., a leading national arts and crafts retailer
1,000+ locations across 48 states with approximately $8B in annual revenue
Corporate lease providing institutional-quality tenant credit
STRONG PERFORMING STORE
Ranks within the top 30% of South Carolina Hobby Lobby locations by foot traffic according to Placer.ai
Destination anchor drawing consistent regional traffic
PRIMARY ECONOMIC CENTER OF SOUTH CAROLINA
Principal city of a 6-county metro
State of SC is the largest employer at 25,570 jobs
Healthcare sector reached ~15,000 jobs in 2024
DOMINANT REGIONAL RETAIL CORRIDOR
Located along Harbison Boulevard (28,100 VPD), Columbia’s primary retail artery
Over 3.8 million SF of retail within a one-mile radius
Co-tenancy includes Nordstrom Rack, Marshalls, Ross, Petco, Target, Publix, and numerous national retailers
GROWING RESIDENTIAL TRADE AREA
Over 104,000 residents within a 5-mile radius with average household income exceeding $100,000
Nearby multifamily and residential development continuing to expand the local consumer base
COLUMBIA MSA – STATE CAPITAL ECONOMY
$54B regional GDP with more than 440,000 non-farm jobs
Diverse employment base including state government, healthcare, manufacturing, and logistics
Major employers include Michelin, Honeywell, Westinghouse, International Paper, and UPS
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Is there information that looks off?
