$7,767,000 USD
703-477-1315
140 Jefferson Davis Hwy
Aiken, SC 29801
Greater Aiken
HIGHLIGHTS
- Premier Convenience & Gas Tenant
- 20-Year Sale-Leaseback Offering | Absolute NNN Ground Lease
- Corner of the Three-Way Signalized Intersection of Jefferson Davis Hwy (24,900 VPD), Robert M Bell Pkwy (10,300 VPD) & Hitchcock Pkwy (18,500 VPD)
- Strategically Located Adjacent to Sam's Club
- Less Than 2 Miles From Major Traffic Drivers | University of South Carolina Aiken (Enrollment: 4,764) and Aiken Regional Medical Center (273 Beds)
- Augusta-Richmond County, GA-SC MSA Advantage (MSA Population: 635,177)
OVERVIEW
CBRE is pleased to offer for sale the absolute NNN Parker’s Kitchen sale-leaseback ground lease situated on 3.25 acres in Aiken, South Carolina—part of the Augusta-Richmond County, GA-SC MSA (MSA Population: 635,177). At closing, Parker’s Kitchen will execute a new, 20-year absolute NNN ground lease featuring 10% rent increases every 5 years throughout the initial term and in each of the four, 5-year renewal options.
FOR SALE DETAILS
PRICE
$7,767,000 USD
PRICE/SF
$1,501 USD /SF
CAP RATE
5.15%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Parker's Kitchen: Aiken, SC
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Convenience Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
3.25 AC
LAND SF
141,570 SF
ZONING
-
APN/PARCEL ID
087-18-11-002
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703-477-1315
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703-477-1315
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