4547 Hard Scrabble Rd - Storefront FOR SALE


Columbia, SC 29229- Northeast Arcadia Lakes
$3,752,000 USD
980-498-3293
4547 Hard Scrabble Rd, Columbia, SC for Sale
$3,752,000 USD
Storefront - FOR SALE
1/5
null | 5.1% Cap Rate

4547 Hard Scrabble Rd
Columbia, SC 29229
Northeast Arcadia Lakes


HIGHLIGHTS

  • CLOSE PROXIMITY TO LARGE STUDENT CUSTOMER BASE
  • POSITIONED IN HIGH DEMAND RETAIL CORRIDOR
  • LARGEST DENTAL ORGANIZATION GUARANTY

OVERVIEW

RARE LEASE STRUCTURE - One of the first Abs. NNN Heartland Dental lease formats - Zero landlord Responsibilities - 12 Year lease with four (4) five (5) year extensions - 10% Rental Increases every 5 years and in extensions LARGEST DENTAL ORGANIZATION GUARANTY - Heartland Dental is the largest dental support organization in the United States - Over 1,800 Locations - 2024 Total Revenue was over $3B POSITIONED IN HIGH DEMAND RETAIL CORRIDOR - This Heartland Dental is positioned along the busy commuter thoroughfare Hardscrabble Rd (25.7K VPD) with full access into the site - Within a 1-mile radius of the site is more than 517K SF of retail space boasting a 2.2% vacancy rate - Nearby National Retailers Include: Publix Super Market, Food Lion, Lowe’s Home Improvement, Kroger Marketplace, and more CLOSE PROXIMITY TO LARGE STUDENT CUSTOMER BASE - Site is located across the street from the Lake Murray Montessori School with just under 100 students - Under 0.75 miles from the site is Rice Creek Elementary with over 750 students - Just one mile from the site along Hardscrabble road is Ridge View High School which has over 1,700 students STRONG DEMOGRAPHICS IN SC’S STATE CAPITAL - Surrounding the site within a 1-mile radius the population exceeds 10K people with an AHHI over $90,000 - In a 5-mile radius there are more than 113K potential customers with an AHHI greater than $100,000 NEW CONSTRUCTION - The Building has recently been built to suit the tenant’s specifications - Tenant has paid to add specific capital improvements to enhance operational performance

FOR SALE DETAILS

PRICE

$3,752,000 USD

PRICE/SF

$902 USD /SF

CAP RATE

5.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Heartland Dental

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.3 AC

LAND SF

56,628 SF

ZONING

PDD

APN/PARCEL ID

20300-04-34,20310-07-08

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.