3047 Charleston Highway, Cayce, SC

For Sale

Retail Restaurant

$2,321,000

Price

Overview

Cap Rate

5.75%

NOI

$133,475

Building Size

2,500 sqft

Lot Area

1.14 acres

Occupancy

100%

Class

Lease Type

Double Net

Year Built

2023

Zoning

commercial

Tenancy

Single

Parking Spots

Roof

15 year warranty

HVAC

tenant responsibility.

Floor

Lease Expire Year

2033

Offered by

Joe Pope

Broker in Charge

National Asset Realty, LLC

Request Info to Unlock.

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.