Listed by Atlantic Capital Partners
$2,155,000
Abs. NNN Industrial | Columbia, SC MSA | 6.50% Cap
Details
APN 006400-05-056
Property Type Industrial
Sub Type Distribution, Flex
Net Rentable (SqFt) 22,000
Units 1
Cap Rate 6.5%
NOI $140,079
Occupancy 100%
Tenancy Single
Lease Type Absolute NNN
Lease Term 2.7
Lease Expiration 12/31/2027
Remaining Term 1.6
Rent Bumps Yes
Year Built 2010
Buildings 3
Acreage 2.130
Investment Type Net Lease
Lease Commencement 04/08/2025
Ground Lease No
Loading Docks 1
Adjacent to I-20 | Strong Sales - Sub 2.50% RTS
Investment highlights
STRONG LEASE FUNDAMENTALS
- Absolute NNN with no landlord obligations
- Lease runs through 2037 with predictable 2% annual rent bumps
- Tenant covering all operating expenses
- Recent clean environmental report
HEADQUARTERS & MISSION CRITICAL FACILITY
- This is the Tenant’s only location and is special purposed for their operations
- Specialized machine fabrication & steel manufacturing facility
- Mission critical to Lexington Machines business
HIGH PERFORMING TENANT WITH STRONG RENT METRICS
- YTD sales as of 7/31/25 of nearly $4M and operates at a 12% Profit Margin
- Sub 2.50% Health Ratio and 7.00x Rent Coverage Ratio
LOW STARTING RENT
- Attractive entry rent basis at $6.24 PSF
- Low vacancy rate and friendly business jurisdiction
POSITIONED IN INDUSTRIAL NODE W/ ACCESS TO TRANSPORTATION ROUTES
- Sits within Lexington Business Park
- Over 30,000 employed in manufacturing and logistics
- Lowest corporate tax rates in the Southeast (5%)
- Minutes from I-20, I-26 and I-77 providing direct access to Atlanta
- Lexington County is one of the fastest growing counties in South Carolina
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$140,079.00
$11,673.25/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
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