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100 Newland Rd
Columbia, SC 29229
Retail Property For Sale
Investment Highlights
- Triple Net (NNN) Lease – Just Under Eight (7.8) Years Remaining
- Next to Blue Cross Blue Shield of SC Headquarters – 11,000 Employees
- 1.5 Hours from Charleston, SC - 1.5 Hours from Charlotte, NC
- Carolina Restaurant Group, Inc. – 126+ Unit Operator
- One of the Most Active Residential Development Corridors in South Carolina
- 8 Miles from Fort Jackson – Trains 45,000 U.S. Army Soldiers Annually
Executive Summary
The tenant, Carolina Restaurant Group, Inc., headquartered in Charlotte, NC, has grown to over 126 restaurants since 1993.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,800 SF
Building Class
C
Year Built
2004
Price
$22,553,000
Price Per SF
$8,054.64
Cap Rate
6.50%
NOI
$1,465,945
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.13 AC
Zoning
C-3
Parking
24 Spaces (8.57 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Drive Thru
Property Taxes
| Parcel Number | 25600-03-24 | Improvements Assessment | $1,159,800 |
| Land Assessment | $641,900 | Total Assessment | $1,801,700 |
Property Taxes
Parcel Number
25600-03-24
Land Assessment
$641,900
Improvements Assessment
$1,159,800
Total Assessment
$1,801,700
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