Nick’s Gyros | Triple Net (NNN) Lease Investment

Highlights:

• ~10 Years Remaining on a Triple Net (NNN) Lease With Minimal Landlord Responsibilities
• Personal Guarantee From an Experienced Multi-Unit Operator
• Small Price Point
• High Performing Store With Very Low Rent-to-Sales Ratio
• Strong Commitment to Location – Newly Renovated Building With Drive-Thru in 2020
• Located Along a Central Retail Corridor With Traffic Counts Over 41,809 Vehicles Per Day
• Situated Just Off Interstate 77 With Over 74,639 Vehicles Per Day
• Surrounded By Several Hotels Within Walking Distance That Include Comfort Suite, Holiday Inn, Home 2 Suites By Hilton, Days Inn, La Quinta, Choice Hotels, Hampton Inn and Quality Inn
• Located Less Than 7-Miles From Fort Jackson Who’s Weekly Graduations Bring Travelers to the Surrounding Hotels Which is a Major Driver For Business
• Strong Demographics With Over 114,315 Residents Making an Average Income of Over $74,943 Within a 5-Mile Radius
• Columbia is Home to the University of South Carolina, the State’s Flagship University
• Nearby Tenants Include: Lowe’s, Walmart, Petsense, Family Dollar, Ross, Big Lots, Ford Dealership, Dunkin’, KFC, Waffle House and Many More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 1,900 SF Nick’s Gyros, a Very High Performing Net Lease Asset Centrally Located on Garners Ferry Road in Columbia, SC. This Investment Features a 10 Year Lease That Commenced in September of 2020 With a One 5 Year Extension and a Personal Guarantee For the First 5 Years of the Initial Term.



In Cooperation With Sands Investment Group Charleston, LLC BoR: Chris Sands - Lic # 20891

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