A rare opportunity to purchase an office property in the Columbia CBD with ample parking and prominent location. 500 Taylor Street is a 65,800 square foot Class “A” office building located at the intersection of Taylor and Huger Streets in downtown Columbia. The corner position provides excellent visibility for anyone entering and leaving the city while still providing an abundance of parking in a quiet, park-like setting. The property is an exceptional opportunity for an investor or office user looking for a well-located asset with tremendous value-add potential. Not only is 500 Taylor St right around the corner from Main Street and Gervais St, where restaurants and entertainment continue to spur new development, but the property also provides easy access to all the major roadways as it is less than 6 miles from Interstate I-26, I-20, and I-77. 500 Taylor St is also within 2 miles of the University of South Carolina, the largest university in the state of South Carolina.
City Name | Columbia |
County | Richland |
State | SC |
Property Type | Office |
Postal Code | 29201 |
Date Modified | 2019-03-25T10:31:28 |
Property Status | Existing |
Status | Active |
Title | 500 Taylor Street |
Listed by: Avison Young - South Carolina Inc | 843-725-7200
Our investment team does ongoing market research and site analysis to determine the best locations geared towards our investment strategy.
We perform site inspections and consult with general contractors and architects to identify property improvement opportunities and cost estimates.
We do extensive property analysis including underwriting property historical cash flow, three tiered income modeling, future cash flow projections and IRR and cash on cash return profitability models.
Our team underwrites the current tenants and reviews all current lease agreements to determine an appropriate credit grade of the property and identify opportunities for improvement.