1130 Sparkleberry Lane Ext | Columbia, SC 29223
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1130 Sparkleberry Lane Ext
Columbia, SC 29223
Cadence Academy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 9+ years remaining on corporate lease featuring 2% annual rental increases
- Lease is backed and executed by tenant’s parent company – Cadence Education, LLC
- Subject property located across the street from two heavily trafficked shopping centers
- Absolute NNN structure making this a truly “hands-off” investment
- Strong intrinsics – rent at $22/ft and price per foot of $342/ft
- All schools corporate operated – leadership team benefits from extensive experience in the childcare/early education space
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
9,762 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
1.21 AC
Zoning
GC
Parking
25 Spaces (2.56 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 22905-08-02 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,594,600 |
PROPERTY TAXES
Parcel Number
22905-08-02
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,594,600
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