request_info_guest false

3047 Charleston Highway

$2,321,000

3047 Charleston Highway, Cayce, SC 29172

Active
Last Updated: 12/03/2024

5.75

Cap Rate

133,475

NOI

Details:
Cap Rate:    5.75%
NOI:    $133,475
Building Size:    2,500 sqft
Lot Area:    1.14 acres
Occupancy:    100%
Class:    A
Lease Type:    Double Net
Year Built:    2023
Zoning:    commercial
Tenancy:    Single
Parking Spots:    25
Roof:    15 year warranty
HVAC:    tenant responsibility.
Floor:    1
Lease Expire Year:    2033
Highlights:
  • No Early Termination Clause
  • Tenant Responsible for all Landscaping and HVAC
  • Brand New Construction
Description:

This Starbucks opening in Spring of 2023. It has a 10 year NN+ corporate guaranteed lease with no early termination clause.

Columbia is the capital and second largest city in South Carolina. It is the center of the Columbia Metropolitan Statistical Area, which has a population of over 750,000. It is the 70th largest statistical area in the nation. This city also serves as the county seat for Richland County. Columbia is home to the University of South Carolina, which has over 35,000 students. Fort Jackson is also located in Columbia, and it is the largest Army installation in the nation for basic combat training.

This Starbucks is strategically located on Charleston Hwy ( US Hwy 321). It has a dedicated drive-thru. Charleston Hwy has an average daily traffic count of over 30,000. It has easy access to I-26 and I-77. It is close to the regional USPS facility as well as the UPS hub, which is located at the Columbia Metropolitan Airport which is several miles away. Within a quarter mile of this Starbucks there is a McDonalds, Hardees, Wendy’s, Sonic, and Bojangles. There is also a Pilot Truck Stop as well as a QT and Shell convenience stores.

This Starbucks is also located at a signalized entrance for easy ingress and egress.

Map:
Location
Gallery