1401 Dutch Fork Rd - Auto Repair FOR SALE


Irmo, SC 29063- Northwest Columbia
$2,648,000 USD
980-498-3293
1401 Dutch Fork Rd, Irmo, SC for Sale
$2,648,000 USD
Auto Repair - FOR SALE
1/4
null | 5.25% Cap Rate

1401 Dutch Fork Rd
Irmo, SC 29063
Northwest Columbia


HIGHLIGHTS

  • STRATEGICALLY POSITIONED AT HIGHLY TRAFFICKED INTERSECTION
  • STRONG LEASE FUNDAMENTALS
  • AFFLUENT SUB-MARKET OF COLUMBIA, SC

OVERVIEW

STRONG LEASE FUNDAMENTALS - 8% rental increases every 5 years of initial term - 8% rental increases every 5 years during options periods - Absolute NNN Ground lease providing no Landlord Responsibilities - Four (4) - Five (5) year option periods CREDIT TENANT - Murphy USA has a Market Cap of over $10.45B and has over 1,700 locations - Corporate guaranteed lease with credit tenant (S&P: BB+) POSITIONED IN A DENSE RETAIL NODE - More than 394K SF of retail space within 1 mile - Nearby national retailers include: Food Lion, Walgreens, CVS, Walmart, Aldi, and Tractor Supply Co. AFFLUENT SUB-MARKET OF COLUMBIA, SC - AHHI exceeds $150K in 1-mile radius of site - The South Carolina State Capital has an annual growth rate of 1.46% and has the population has grown more than 6% since 2020 - Columbia has a strong job market with projected job growth of over 27% in the next ten years - Healthcare and Education industries are the major economic drivers STRATEGICALLY POSITIONED AT HIGHLY TRAFFICKED INTERSECTION - Site is positioned at the intersection of Dutch Fork Rd (27,900 VPD) and AJ Amrick Rd, with easy access at a signal - The site is located just over a mile from I-26 (60,100 VPD) LOCATED ON A MAJOR COMMUTER THOROUGHFARE - Dutch Fork Rd operates as an important route for commuters going to and from Columbia, SC - The site is positioned on the A.M. side of Dutch Fork Rd - Lake Murray, just to the south, is a popular destination for Columbia citizens to spend their weekends, and Irmo is a major suburb of Columbia

FOR SALE DETAILS

PRICE

$2,648,000 USD

PRICE/SF

$938 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Murphy USA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Service Station, Storefront, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.47 AC

LAND SF

64,033 SF

ZONING

GC

APN/PARCEL ID

02414-03-01

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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