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425 Summit Terrace Ct Building 1

Columbia, SC, 29229

$800,000

Sale Price

For Sale

Property Details

Sale Price$800,000

Year Built2008

Property TypeOffice

Building ClassB

Building Size4,500 SF

Highlights

4,500 SF single-tenant brick professional building
100% leased to J’Adore Beauty dba Indulgence Beauty Lounge
NNN lease through May 2030 with personal guaranty
2.5% annual rent escalations
Tenant reimburses taxes, insurance, repairs and maintenance, and POA dues
Landlord responsibilities limited to roof, structure, and exterior walls
Located in the Sandhills submarket near I-20 and I-77
2 new HVAC units

Property Description

Meybohm Commercial is pleased to present the opportunity to acquire 425 Summit Terrace Court, Building 1, a 4,500 SF single-tenant brick professional building in Northeast Columbia, South Carolina. The asset is 100% leased to J’Adore Beauty dba Indulgence Beauty Lounge under a NNN lease that runs through May 2030. The lease carries a personal guaranty and contractual 2.5% annual escalations, and the tenant is responsible for its pro rata share of real estate taxes, insurance, repairs and maintenance, and POA dues. Landlord obligations are limited to roof, structure, and exterior walls, which keeps expense exposure minimal and gives an investor a durable, low-management income stream. The property sits within an established, POA-maintained professional park in the Sandhills submarket, one of the region’s most active retail and residential corridors. It is surrounded by the area’s primary retail nodes, including Sparkleberry Square, Village at Sandhill, and Northpoint Commons, and has convenient access to both I-20 and I-77. Within five miles there are more than 118,000 residents with average household incomes above $87,000. Demand fundamentals are reinforced by Fort Jackson, the state government employment base, and Volkswagen’s Scout Motors manufacturing facility in nearby Blythewood.