- Well established location with a 20-year operating history and further long-term commitment with a recent 5-year extension and 10% rent bump
- Corporate lease (NYSE: AZO) backed by the nation’s leading automotive aftermarket retailer operating over 7,850 locations globally
- Investment grade credit – S&P/Fitch: BBB, Moody’s: Baa2 – with a stable outlook reflecting strong financial stability and market leadership in auto parts retail
- Net lease that commenced in 2006 with multiple renewal options and 10% rent bumps each option providing built-in NOI growth and an inflation hedge
- Positioned on E Columbia Avenue/US 1, the market’s primary commercial corridor (10,000+ VPD) offering great visibility, accessibility, and established retail synergy
- Neighboring businesses include Zaxby’s, Bojangles, KFC, SouthState Bank, McDonald’s, Walgreens, and CVS and less than one mile from Walmart
- Batesburg-Leesville benefits from strategic regional connectivity between Columbia SC (34 miles) and Augusta GA (48 miles), supporting consistent commuter traffic and consumer demand
- Located 5 minutes from the 175-acre Batesburg-Leesville Industrial Park, which has received over $3.5M in public infrastructure investment, fostering economic growth and job creation in the area