137 E Columbia Ave - Freestanding FOR SALE


Leesville, SC 29070
$1,421,500 USD
404-435-6312
137 E Columbia Ave, Leesville, SC for Sale
$1,421,500 USD
Freestanding - FOR SALE
1/5
null | 6.5% Cap Rate

137 E Columbia Ave
Leesville, SC 29070


OVERVIEW

- 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

FOR SALE DETAILS

PRICE

$1,421,500 USD

PRICE/SF

$221 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

AutoZone | Columbia MSA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Convenience Store, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

42

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C-1

APN/PARCEL ID

007000-07-006

ASK ABOUT THIS PROPERTY

Tyson GlasserTrinity PartnersMore Info
404-435-6312

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Tyson GlasserTrinity PartnersMore Info
404-435-6312

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.