410 W Liberty St
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410 W Liberty St
13,948 SF 87% Leased Office Building Sumter, SC 29150 $985,142 CAD ($71 CAD/SF) 8.12% Cap Rate
Investment Highlights
- 89% Occupied. Yet never marketed as "space available" to the public.
- Potential Gross Rent Exceeds $100,000.
- Some tenants have occupied for over 35 years.
Executive Summary
Welcome to the Executive Building. This expansive commercial office income property is located less than 0.50 miles from beautiful downtown Sumter and features 19 office suites, 13,830sqft GBA. 10,285sqft of Leased Spaced sitting on 1.44-acre site. Current Gross Rent $86,424. 89% Occupied. Potential Gross Rent Exceeds $100,000. Annual Operating Expenses near $30,000. Traffic Count is 12,300 vehicles per day in this section of W Liberty Street. The is over 560' of Road Frontage.
Financial Summary (Pro forma - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income | $122,503 | $8.78 |
Other Income | - | - |
Vacancy Loss | - | - |
Effective Gross Income | $122,503 | $8.78 |
Taxes | - | - |
Operating Expenses | - | - |
Total Expenses | $42,524 | $3.05 |
Net Operating Income | $79,979 | $5.73 |
Financial Summary (Pro forma - 2024)
Gross Rental Income (CAD) | |
---|---|
Annual | $122,503 |
Annual Per SF | $8.78 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $122,503 |
Annual Per SF | $8.78 |
Taxes (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Operating Expenses (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses (CAD) | |
---|---|
Annual | $42,524 |
Annual Per SF | $3.05 |
Net Operating Income (CAD) | |
---|---|
Annual | $79,979 |
Annual Per SF | $5.73 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
13,948 SF
Building Class
B
Year Built/Renovated
1965/1980
Price
$985,142 CAD
Price Per SF
$71 CAD
Cap Rate
8.12%
NOI
$79,979 CAD
Percent Leased
87%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,915 SF
Building FAR
0.22
Lot Size
1.44 AC
Opportunity Zone
Yes
Zoning
General Commercial - General Commercial Zoning allows for a wide range of uses.
Parking
50 Spaces (3.62 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Central Heating
- Partitioned Offices
- Drop Ceiling
- Air Conditioning
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- A New Journey Health Care
- Professional, Scientific, and Technical Services
- 1,000 SF
- $12.33 CAD
- Modified Gross
- Jul 2025
- Beeps
- Professional, Scientific, and Technical Services
- 556 SF
- $7.40 CAD
- Modified Gross
- Sep 2024
- Carl Croft
- Administrative and Support Services
- 1,508 SF
- $3.22 CAD
- Modified Gross
- Sep 2024
- Chase Medical Transportation LLC
- Transportation and Warehousing
- 305 SF
- $12.54 CAD
- Modified Gross
- Sep 2024
- Hodge Properties & Appraisal Associates of SC, inc
- Real Estate
- 914 SF
- $15.82 CAD
- Modified Gross
- Sep 2024
- Justin Montgomery, Attorney
- Professional, Scientific, and Technical Services
- 1,237 SF
- $13.75 CAD
- Modified Gross
- Sep 2024
- Morgan Insurance
- Professional, Scientific, and Technical Services
- 530 SF
- $13.32 CAD
- Modified Gross
- Sep 2024
- Palmetto Home Care and Hospice
- Health Care and Social Assistance
- 770 SF
- $13.25 CAD
- Modified Gross
- Sep 2024
- Primerica
- Finance and Insurance
- 320 SF
- $13.30 CAD
- Modified Gross
- Sep 2024
- South Carolina Department of Social Services
- Health Care and Social Assistance
- 1,755 SF
- $14.54 CAD
- -
- Jun 2026
Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
A New Journey Health Care | Professional, Scientific, and Technical Services | 1,000 SF | $12.33 CAD | Modified Gross | Jul 2025 | |
Beeps | Professional, Scientific, and Technical Services | 556 SF | $7.40 CAD | Modified Gross | Sep 2024 | |
Carl Croft | Administrative and Support Services | 1,508 SF | $3.22 CAD | Modified Gross | Sep 2024 | |
Chase Medical Transportation LLC | Transportation and Warehousing | 305 SF | $12.54 CAD | Modified Gross | Sep 2024 | |
Hodge Properties & Appraisal Associates of SC, inc | Real Estate | 914 SF | $15.82 CAD | Modified Gross | Sep 2024 | |
Justin Montgomery, Attorney | Professional, Scientific, and Technical Services | 1,237 SF | $13.75 CAD | Modified Gross | Sep 2024 | |
Morgan Insurance | Professional, Scientific, and Technical Services | 530 SF | $13.32 CAD | Modified Gross | Sep 2024 | |
Palmetto Home Care and Hospice | Health Care and Social Assistance | 770 SF | $13.25 CAD | Modified Gross | Sep 2024 | |
Primerica | Finance and Insurance | 320 SF | $13.30 CAD | Modified Gross | Sep 2024 | |
South Carolina Department of Social Services | Health Care and Social Assistance | 1,755 SF | $14.54 CAD | - | Jun 2026 |
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PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $21,390 CAD | |
Land Assessment | $10,064 CAD | Total Assessment | $31,454 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$10,064 CAD
Improvements Assessment
$21,390 CAD
Total Assessment
$31,454 CAD
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410 W Liberty St
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