351 Generations Way - Bank FOR SALE


Columbia, SC 29229- Northeast Arcadia Lakes
$2,555,555 USD
561-512-1658
351 Generations Way, Columbia, SC for Sale
$2,555,555 USD
Bank - FOR SALE
1/8
null | 4.5% Cap Rate

351 Generations Way
Columbia, SC 29229
Northeast Arcadia Lakes


HIGHLIGHTS

  • Brand-new 15-year absolute NNN ground lease with zero landlord responsibilities
  • Investment-grade credit tenant — Fifth Third Bank, one of the nation's largest regional banks
  • 10% rental increases every five years throughout initial term and renewal options
  • Annual ground rent of $115,000 on approximately 0.95 acres — highly replaceable rent
  • Directly across from Publix-anchored Rice Creek Village and a new Starbucks
  • Nearby national retailers: Valvoline, Bank of America, Wendy's, McDonald's, and others

OVERVIEW

Fifth Third Bank at 351 Generations Way presents an opportunity to acquire a newly developed, single-tenant net leased asset backed by one of the nation's largest regional banking institutions. The investment is secured by a new 15-year absolute NNN ground lease with no landlord responsibilities, creating a passive ownership structure supported by a corporate guaranty and scheduled rental growth throughout the lease term. The property occupies a visible position within the rapidly developing northeast Columbia corridor. The site benefits from frontage along an established retail and service corridor that serves surrounding residential communities and daily consumer traffic. The location is directly across from Publix-anchored Rice Creek Village and near a collection of national retailers and service providers, creating consistent commercial activity and reinforcing the property's long-term real estate fundamentals. Reported traffic counts along the corridor exceed 25,000 vehicles per day, supporting customer accessibility and tenant visibility. Columbia serves as South Carolina's capital city and a major economic center for the Midlands region. The market is supported by a diverse employment base that includes government, higher education, healthcare, military, retail, and manufacturing sectors. Demand drivers such as the University of South Carolina, Prisma Health, and Fort Jackson contribute to regional economic stability and ongoing population growth. These fundamentals support continued consumer activity and banking demand throughout the trade area. The lease structure includes 10% rent increases every five years during the initial term and throughout renewal options, providing contractual income growth while maintaining a relatively low ground rent basis. Combined with brand-new construction, corporate tenancy, and a growing Columbia location, the asset offers a long-term investment opportunity supported by both tenant credit and underlying real estate value. Broker Of Record Kyle Matthews Matthews Real Estate Investment Services, Inc 105710, 22684 (SC) 1600 West End Ave, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$2,555,555 USD

PRICE/SF

$62 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fifth Third Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2027

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C

APN/PARCEL ID

20300-03-04

ASK ABOUT THIS PROPERTY

Jake LurieMatthews™More Info
561-512-1658

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

Jake LurieMatthews™More Info
561-512-1658

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