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215 Stoneridge Drive
Columbia, SC 29210
Asking Price
$1.35M
Cap Rate
6.75%
Asset Type
Executive Office Office
Class
Class B
What's Special
Office | 6.75% CAP | 6,716 SqFt Absolute NNN structure with no landlord responsibilities 11 years remaining on 17 year lease with two 5-year extension options Stable single tenant occupancy with Alliance Technical Group Rental escalations tied to CPI Index 6.75% Cap Rate Strategic Columbia location with excellent highway connectivity Proximity to Port of Charleston (less than 2 hours) Strong regional workforce and major employers nearby
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NOI
$80,000
Cap Rate
5.94%
DSCR
1.00
Tight
Cash-on-Cash
0.02%
Monthly Payment
$6,660.847
Annual Cash Flow
$69.837
