Fortis Net Lease is pleased to present this Joe Hudson's Collision Center located in Columbia, SC area. Joe Hudson's acquired the business from Carolina Paint & Body in December 2020 and established a 10-Year lease. Joe Hudson's occupies the property at 106 Newland Road and 120 Newland Road. There is 5.1 years remaining on the lease with four five-year options. There are 5% rent bumps every five years.
Columbia is the capital city of the state of South Carolina in the United States, located in the central part of the state. Columbia is home to approximately 68,000 residents
with an average household income of $86,000 within five miles. The city is home to the University of South Carolina, which is the flagship university of the state. The university has a large student population and is a major employer in the city.
The subject property is located in a dense area of national credit tenants including Firestone, Take 5 Oil Change, CVS Pharmacy, Hampton Hotels, Circle K, Exxon, Extra Space Self Storage, and many Quick Service Restaurants.