103 W. LIBERTY STREETFOR SALE
Jay Davis, CCIMCell: (803) [email protected]
Coldwell Banker Commercial Cornerstone2 N. Main Street Sumter, SC 29150(803) 778-1139
Heather TickelCell: (803) [email protected]
AERIAL OVERVIEWThis strategic property is in the center of the revitalization movement downtown Sumter. The property has
approximately 763 square feet of combined frontage on W. Hampton, N. Sumter, W. Liberty and N. Washington, walking distance from downtown retail/restaurant favorites.
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PROPERTY DETAILS
ADDRESS: 8 N. Sumter Street
SALE PRICE: $1,250,000
LAND: +/- 1.66 ACRES
ZONING: Central Business District
TRAFFIC: 11,600 – W. Liberty St7,400 – N. Washington St.
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This hard corner site is located at the lighted intersection of West Liberty
Street and North Sumter Street directly beside Prisma Health Tuomey and
the newly constructed parking garage.
The revitalization activities in Downtown Sumter have stimulated a great
deal of interest and activity in the Central Business District.
Downtown area has several national and regional retailers including our
office Coldwell Banker Commercial Cornerstone, Hyatt Place, Sidebar,
Berenyi Engineering, Thompson Industrial Services, Hamptons, F45 Training
just to name a few. Also, financial institutions such as Synovus, BB&T and
Edward Jones have current offices here.
Because of the exciting growth and restoration efforts, buildings that have
been on the market for lengthy periods are now selling and new
ownership is providing the necessary renovations/redevelopment needed
to make our downtown s an attractive asset to our community.
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# ADDRESS LAND SF BLDG SF
1 W. HAMPTON AVE 12,502 0
2 8 N. SUMTER ST 9,517 10,140
3 101 W LIBERTY ST 13,001 0
4 103 W. LIBERTY ST 8,659 3,974
5 109 W. LIBERTY ST 18,883 733
6 9 N. WASHINGTON ST 8,395 0
TOTAL 70,957 14,847
SUMTER, SC
Sumter, South Carolina is a growing market conveniently located in the heart of the state, just a 45 minute drive from the Capital city of Columbia, and about a 2 hour drive to Charleston or Greenville. It is uniquely positioned halfway between New York and Miami, within 24 hour ground access to more than 70% of the U.S. market. In the past few years, Sumter has seen an increase in industrial capital investment to the tune of about $1.2 million. Encouraging the growth of our manufacturing industry, Central Carolina added an Advanced Manufacturing Training facility, and has plans to build a technical high school. Our retail environment has shown modest increases with busier roads, increased home and vehicular sales. Sumter is home to Shaw Air Force base which is home to the 20th Fighter Wing - the Air Force’s largest combat F-16 wing. Shaw also serves as home to the Ninth Air Force, U.S. Air Forces Central Command, and U.S. Army Central Command, and most recently became home of the MQ-9 Reaper. With it’s growing industry, retail, and workforce, Sumter is the perfect place to plant your business roots.
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POPULATIONCITY: 40,760
COUNTY: 107,682
MEDIAN HOUSEHOLD INCOMECITY: $38,538
COUNTY: $40,777
NUMBER OF EMPLOYEESCITY: 15,550
COUNTY: 42,063
TOP INDUSTRIES1. MANUFACTURING
2. HEALTHCARE3. PUBLIC ADMINISTRATION
TOP UNIVERSITIES1. CENTRAL CAROLINA TECHNICAL COLLEGE
2. MORRIS COLLEGE3. UNIVERSIRY OF SC - SUMTER
TOP INDUSTRIAL EMPLOYERS1. CONTINENTAL TIRE
2. PILGRIM’S INC.3. SYKES, INC.
TOP NON-INDUSTRIAL EMPLOYERS1. SHAW AIRFORCE BASE
2. SUMTER SCHOOL DISTRICT3. PRISMA TUOMEY
MARKET OVERVIEW
Shaw Air Force Base is one of the largest military bases operated by the U.S. Shaw ranks as one of the oldest installations in the Air Force and is home to the 20th Fighter Wing and is the largest combat F-16 fighting wing. The 20th
Fighter Wing operates the 55th, 77th, and 79th Fighter Squadrons, and as the host wing, also retains responsibility for providing facilities, personnel, and material for base operations. Shaw also serves as home to Headquarters Ninth Air Force, U.S. Air Forces Central, Third Army, US Army Central, and many other tenant units.
Most recently, Shaw AFB was approved to be the location for the MQ-9 Reaper Group. Deployment includes 378 airmen, 44 contractors, 18 security personnel, and 47 support personnel. The MQ-9 Reaper is a remotely piloted drone aircraft that provides the unique capability to perform strike, coordination and reconnaissance against high-value, fleeting, time-sensitive targets.
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20TH FIGHTER WINGCOMPOSED OF 4 GROUPS
1. 20TH OPERATIONS GROUP2. 20TH MAINTENANCE GROUP
3. 20TH MISSION SUPPORT GROUP4. 20TH MEDICAL GROUP
THIRD ARMY1,171 ACTIVE DUTY
FOCUSING PRIMARILY ON THE MIDDLE EAST, CENTRAL COMMAND AND THIRD ARMY’S AREA OF RESPONSIBILITY IS A LARGE AND COMPLEX REGION
SHAW AIR FORCE BASE
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• Comprised of approximately 330 acres and a one million square foot production facility.
• Production began in late 2013.• In the initial phase stretching out until 2017,
more than four million passenger and light truck tires will be produced annually.
• In 2021, when full production level is reached, the annual production capacity will increase to up to eight million tires per year.
• Over 1,600 new jobs will be created in production by this time.
• Charlotte Observer: “The expansive plant will help put [South Carolina] on pace to become the nation’s biggest tire producer.”
BROKER-IN-CHARGE, JAY DAVIS
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Jay Davis, CCIM, is president, broker-in-charge, and a founding partner of Coldwell Banker Commercial Cornerstone.Jay has earned the CCIM designation and is a member of the ICSC. Jay was most recently recognized in March of2017 at the Global Conference in Las Vegas by Coldwell Banker Commercial as Circle of Distinction Member markingthe tenth time in last decade. He was also invited to attend Coldwell Banker Commercial’s “Top Two Event”, whichrecognizes the top two percent of producers in the Coldwell Banker Commercial Organization worldwide, marking thefourth time he has achieved this honor. He was recognized in 2015 as the Top Producer in the state of South Carolina
for 2014, marking the fourth time he has won this award. He was also previously recognized in “The State Newspaper”
as a member of the “20 Under 40” Class of 2008, which recognized 20 of the top business professionals in the state ofSouth Carolina under 40 years old. Jay was recognized as the 2008 Businessperson of the Year by the Greater SumterChamber of Commerce.
Jay attended The University of South Carolina where he earned a Bachelor of Science degree in BusinessAdministration with a major in Real Estate. Jay has followed a specific career development strategy which began withPrudential John M. Brabham in Sumter. As a broker associate, he concentrated on commercial sales and completedmany commercial real estate courses dealing with topics ranging from financial analysis to 1031 tax deferredexchanges. He then joined Coldwell Banker Commins-Moses and continued his concentration on commercial saleswhile adding significant experience with leasing, development, and zoning. Next, Jay obtained an appraisal licenseand joined W. Burke Watson, Jr. Appraisals, where he performed commercial appraisal assignments in Sumter andsurrounding counties.
Jay is a native of Sumter with strong ties to the area and is very involved in the Sumter community. He currently serveson the Sumter County Development Board and serves as Vice Chairman of “The Link” Economic DevelopmentAlliance. He was Chairman of the 2030 Comprehensive Plan Task Force and served eight years on the SumterCity/County Planning Commission, the last several as Chairman. Additionally, he is on the Covenant Place Board,Workforce Development Board, Santee Lynches Economic Forecast Board, a past member of the USC SumterPartnership Board, a past president of the USC Sumter Alumni Association, a past education chairman of the SumterBoard of Realtors and a member of the Sumter Downtown Board of Directors. He is on the Bank of Clarendon AdvisoryBoard, a Tuomey Fellow, former Rotarian with the Sumter Palmetto Rotary, a former board member for the SumterCounty Empowerment Zone, a past member of the YMCA Touchdown Club Board, and a past president of the SumterCounty Gamecock Club Board. Jay is a deacon and member of Graham Baptist Church in Sumter. He presently livesin Sumter and is married to the former Lynn Warren. He is the father of a son, Trey, and twins, Drew and Elizabeth.
NOTABLE CLIENTS
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