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