1613 Leesburg Rd - Auto Repair FOR SALE


Columbia, SC 29209- Hopkins Suburban
$1,217,000 USD
253-906-5221
1613 Leesburg Rd, Columbia, SC for Sale
$1,217,000 USD
Auto Repair - FOR SALE
1/11
null | 6.9% Cap Rate

1613 Leesburg Rd
Columbia, SC 29209
Hopkins Suburban


HIGHLIGHTS

  • 19 Years Remaining | 2.5% Annual Rental Increases
  • NN+ Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
  • Dense Automotive & Retail Corridor | Frontage to 26,400 VPD
  • Established Columbia, SC MSA Trade Area

OVERVIEW

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN+ leased, Southeast Auto Care investment property located in Columbia, South Carolina. The tenant, Southeast Auto Care, LLC has 19 years remaining on their lease, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is NN+ with minimal landlord responsibilities making it an ideal, low management investment opportunity for an out of state investor.

FOR SALE DETAILS

PRICE

$1,217,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

6.9%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Southeast Auto Care | Annual Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Auto Repair, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

GC

APN/PARCEL ID

19203-14-16

ASK ABOUT THIS PROPERTY

Dave FarisSRS National Net LeaseMore Info
253-906-5221

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Dave FarisSRS National Net LeaseMore Info
253-906-5221

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