STRONG LEASE FUNDAMENTALS
- 10% rent increase every 5 years and during options periods
- Absolute NNN Ground lease providing no Landlord Responsibilities
- Three (3) - Five (5) year option periods
INVESTMENT GRADE TENANT
- Corporate Guaranty from Investment Grade Tenant - JP Morgan has a Market Cap of $360B (NASDAQ: JPM) with over 5,600 locations across the country
- S&P rating of AA1
HIGH PROFILE SITE IN HEALTHY TRADE AREA
- Fronting highly trafficked Wade Hampton Blvd (35.1K VPD)
- Over 1MSF of Retail Space in 1 -mile radius, boasting a 0.9% vacancy rate
- Directly across the Street is Hampton Village, a top performing, Publix Anchored, Neighbor Center in the Country - over 2.2M visits in trailing 12 months
- Nearby Retailers include: Walmart Supercenter, Publix, Ingles, and Starbucks
STRONG SURROUNDING DEMOGRAPHICS
- Within a 3-mile radius of the site there are more than 65K people that are part of the built in customer base
- With a short drive to downtown Greenville, SC this site benefits from tailwinds of the Greenville-Spartanburg area
HIGH GROWTH UPSTATE SC AREA
- Over 25+ colleges and university in the Upstate region providing ~28K graduates to the workforce each year
- Greenville, SC has had $11B of capital investment in the trailing 3 years
- 13.5% population growth since 2014
NEW CONSTRUCTION
- Tenant is constructing the building to with their newest store prototype to suit their operational needs