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31437961
31437962

523 Columbia Ave, Chapin, SC 29036

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners
$4,437,000
67 days on market
Updated 67 days ago

Chapin Peach Center | Columbia, SC MSA

Details
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 6,200
Cap Rate 6%
NOI $266,200
Occupancy 100%
Tenancy Multi
Brand/Tenant Little Caesars, McAlister's Deli (+1)
Lease Type NN
Lease Term 13
Rent Bumps Yes
Lease Options Varies
Price per SqFt $716
Broker Co-Op Yes
Class A
Year Built 2026
Acreage 2.650
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Franchisee
Ownership Fee Simple

6.00% CAP | New Construction Strip Center

Investment highlights

COMPLEMENTARY SERVICEORIENTED TENANCY

  • The property is leased to a diverse mix of daily needs and service-oriented tenants including McAlister’s Deli, Little Caesars, and AM Nail Bar
  • This complementary tenant mix drives consistent customer traffic throughout the day and serves a broad consumer base within the growing Chapin trade area

RAPID GROWTH IN THE CHAPIN / LAKE MURRAY TRADE AREA

  • Chapin is one of the fastest-growing communities in the Columbia metropolitan area, supported by continued residential development and strong household incomes
  • The property also benefits from its proximity to Lake Murray, a major regional recreation destination that drives year-round traffic and consumer demand

STRONG RETAIL CORRIDOR VISIBILITY

  • Positioned along Columbia Avenue (US-76), one of Chapin’s primary commercial corridors connecting the town directly to the Columbia MSA
  • The location benefits from strong commuter traffic, excellent frontage, and convenient access for surrounding residential neighborhoods.

BRAND-NEW CONSTRUCTION

  • Brand-New, Purpose-Built Multi-Tenant Retail Center Delivering 100% Occupied with Zero Lease-Up Risk
  • 12.5 WALT
  • Constructed to Each Tenant’s Current Prototype

COLUMBIA MSA ECONOMIC ENGINE

  • Columbia MSA has a growing population of approximately 850,000 and serves as South Carolinas primary inland logistics hub
  • The regional economy is anchored by state government, University of South Carolina and a growing advanced-manufacturing base |Industrial demand is supported by direct access to I-26 providing connectivity to the Port of Charleston

CLOSE PROXIMITY TO I-26

  • Less than 1 mile to I-26 (48K VPD) which is Columbia’s primary interstate spine connecting Upstate SC to Lowcountry
  • 13K VPD on Columbia Ave is the sole commercial arterial with no competing bypass route

Listing Contacts

DH
NC NC 288268
Atlantic Capital Partners
ML
NC NC 231272
Atlantic Capital Partners
ES
MA MA 9577141
Atlantic Capital Partners
BO
NC NC 315015
Atlantic Capital Partners
Listed by Atlantic Capital Partners

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$266,200.00
$22,183.33/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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