This Retail Property is Off-Market.

2411 David H. Mcleod Blvd
Florence, SC 29501 ·

4,000 SF · Retail For Sale

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Verizon Wireless

Price N/A No. Stories 1
Building Size 4,000 SF Tenancy Single
Property Type Retail Year Built 2006
Property Sub-type Free Standing Bldg Lot Size 0.67 AC
Property Use Type Investment Parking Ratio 11.25 / 1,000 SF
Occupancy 100%
Listing ID: 14716205 Date Created: 07/21/2006 Last Updated: 10/30/2006

Description

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Subject Property consists of 4,000 sf located on 0.67 acres
Brand new NN, 10-year corporate lease with a 10% rental increase in year 6
Tenant is publicly traded (NYSE: VZ), S&P rated (A) and investment grade credit
Conveniently accessible with ingress/egress points in front and back of property
Tremendous visibility and exposure with frontage on David H. McLeod Blvd (US Hwy 76), the main east-west commercial corridor in area, at signalized intersection with
Adjacent parcels includes Future Wal Mart, Lowe s, Sam s Club, Hobby Lobby, Ashley Furniture, Circuit City, Arby s, SunCom, Percy & Willies Restaurant, Moore s Memorials and other developable parcels

Florence, with a trade area population of approx. 260,000, is the halfway mark on I-95 between the northeast corridor and Florida and is a popular stop for many travelers heading in either direction.
As the retail hub of the seven-county Pee Dee Region in South Carolina, Florence County reports $2.5 billion in annual gross retail sales
The 572,000 sf Magnolia Mall, located ½ mile west from Subject Property at the intersection of I-95 and I-20, is anchored by JC Penney, Sears, Belk, Best Buy and the Verandah Café Food Court; it s the only enclosed mall for 50 miles and is adding a 28,000 sf Barnes & Noble and a 45,000 sf Dick s Sporting Goods stores in 2007.
The recently redeveloped and expanded 325,000 sf Florence Mall, located ½ mile east from Subject Property at intersection of the city s 5 main commuting arteries (5 Points), is anchored by TJ Maxx, Ross Dress For Less, Stein Mart, Books-A-Million, Old Navy, Shoe Carnival, Talbots and Piggly Wiggly.

Highlights

  • Located At The Crossroads Of I-95 & I-20
  • Between Florence’s 2 Major Retail Nodes
  • Brand New 10-Yr NN Lease
  • Rent Bumps In Primary Lease Term
  • Minimal Landlord Responsibilities
  • Maximum Exposure And Visibility

Research

2411 David H. Mcleod Blvd, Florence, SC 29501 (Florence County)

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