$5,900,000 USD
332-345-4202
9001 Two Notch Rd
Columbia, SC 29223
Northeast Arcadia Lakes
HIGHLIGHTS
- Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
- Original Long-Term Twenty-Five (25)-Year Lease | Approximately 8.5 Years Remaining | Fifty (50), One (1)-Year Options
- Rare Percentage Rent Clauses | 2.00% Of Gross Sales (Excluding Food & Prescription) | 0.5% Of Gross Sales From The Sale Of Food Items & Prescription
- 1.72-Acre Lot | 14,620-Square Foot Building | 64 Parking Spaces | Left/Right Access Along Both Rabon Rd & Two Notch Rd
OVERVIEW
Surmount is pleased to present the exclusive listing for a Walgreens located at 9001 Two Notch Rd, Columbia, SC 29223. The site consists of roughly 14,620 rentable square feet of building space on an estimated 1.71-acre parcel of land. This Walgreens is subject to a 25-year Triple Net (NNN) lease, which commenced 5/1/2009. The current annual rent is $456,000.
FOR SALE DETAILS
PRICE
$5,900,000 USD
PRICE/SF
$404 USD /SF
CAP RATE
7.73%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.71 AC
LAND SF
74,488 SF
ZONING
GCl
APN/PARCEL ID
19902-12-01
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332-345-4202
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332-345-4202
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