Harbison Center

JLL as advisor is pleased to present Harbison Center, located at 275 Harbison Blvd, Columbia, SC 29212.

This unique opportunity offers a rare, Trader Joe’s anchored investment in a thriving retail node. Harbison Center encompasses a substantial 195,529 SF across 21 acres with a robust 95% occupancy and an As-Is Net Operating Income of ~$3,100,000. With an expected CAGR north of ~3.60%, the property is poised for significant returns. Built in 1988 and revitalized in 2022, the center showcases both legacy and modern appeal.

Strategically positioned in the heart of Columbia’s dynamic retail market—South Carolina's 3rd most visited destination—Harbison Center thrives with over 22 million annual visits. The center benefits from proximity to major economic drivers including the University of South Carolina and Columbia Metropolitan Airport, enhancing its draw within a super regional trade area of 35+ miles. Leased by prominent tenants, this area experiences a daytime population of 14,763 within a mile, with population growth expected to continue through 2025.

With below-market rents and significant leasing momentum including a 35% lease renewal or new lease rate since 2024, investors have substantial value-add opportunities. The high-performing anchor tenants, notably Trader Joe’s, generate increased foot traffic and bolster growth potential. In a rapidly expanding Southeast market, Harbison Center promises solid cash flow stability and sustained value creation.