Log In/Sign Up
Your email has been sent.
Southeast Auto Care | Annual Increases 1613 Leesburg Rd 4,815 SF Retail Building Columbia, SC 29209 $1,217,000 ($252.75/SF) 6.90% Cap Rate
Investment Highlights
- 19 Years Remaining | 2.5% Annual Rental Increases
- Dense Automotive & Retail Corridor | Frontage to 26,400 VPD
- NN+ Lease | Fee Simple Ownership | Minimal Landlord Responsibilities
- Established Columbia, SC MSA Trade Area
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an NN+ leased, Southeast Auto Care investment property located in Columbia, South Carolina. The tenant, Southeast Auto Care, LLC has 19 years remaining on their lease, demonstrating their commitment to the site. The lease features 2.5% annual rental increases throughout the initial term, steadily growing NOI and hedging against inflation. The lease is NN+ with minimal landlord responsibilities making it an ideal, low management investment opportunity for an out of state investor.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,815 SF
Building Class
C
Year Built
2020
Price
$1,217,000
Price Per SF
$252.75
Cap Rate
6.90%
NOI
$84,007
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.60 AC
Zoning
GC - General Commercial District
Parking
18 Spaces (3.77 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Southeast Auto Care
- Services
-
99,999 SF
- -
-
Lorem Ipsum
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Southeast Auto Care | Services | 99,999 SF | - | Lorem Ipsum | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 19203-14-16 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $270,100 |
Property Taxes
Parcel Number
19203-14-16
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$270,100
1 of 12
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
