Cap Rate
6.50%
Price Per SF
$342
Gross SQFT
14,600
Year Built
2006
NOI
$324,996
Property Type
Retail
LEAD LISTING AGENT
Ricky Cole
Associate
Email
[email protected]
License No.
376060 (TN)
Direct
+1 (615) 656-3297
Mobile
+1 (717) 817-7910
ADDITIONAL LISTING AGENT
DEBT FINANCING AGENT
INVESTMENT HIGHLIGHTS
- ABSOLUTE NNN – This lease offers zero landlord responsibilities and is ideal for an investor looking for a passive investment.
- LONG TERM OPERATING HISTORY – Walgreens has operated at this location since 2006 and has 9 years of base term remaining and ten, 5-year options.
- EXCELLENT VISIBILITY – The property is located on the hard signalized corner of John C Calhoun Dr (18,652 VPD) & Broughton St (9,750 VPD). High Traffic counts in excess of ±29,500 vehicles per day on E Oak St.
- WALMART OUTPARCEL – The property sits in a dense retail corridor with many surrounding retailers that drive traffic to the area. The property is also one mile away from South Carolina State University, home of a Division 1 football program and over 6,000 students.
- STRONG SALES REPORTING – Contact Agent for Further Information
Broker of Record
- Kyle Matthews
- License No. 22684 (SC)
- (866) 889-0550
- Matthews Real Estate Investment Services, Inc.
- 1600 West End,
Ste. 1500 Nashville, TN 37203