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Offering Memorandum NEW CLASS A RETAIL SPACE FOR LEASE West Columbia, South Carolina

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Page 1: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Offering Memorandum

NEW CLASS A RETAILSPACE FOR LEASEWest Columbia, South Carolina

Page 2: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

cypresscommercial.com

PRESENTED BY:

TABLE OF CONTENTS:

ADDRESS:

James C. Harrison, III, CCIMSenior Investment Broker803 834.7014 Ext. 5 (o)803 331.8088 (c)[email protected]

Company Overview 3

Disclaimer 3

Lease Overview | Property Highlights 4

Regional Map 5

Local Aerial 6

Site Aerial 7

Site Plan With Drive-Thru 8

Site Plan 9

Columbia, South Carolina 10

Demographics 11

Cypress Commercial & Investment Real Estate3101 Devine StreetColumbia, SC 29205

cypresscommercial.com

RETAIL SPACE FOR LEASE

PAGE 2

Page 3: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Dollar Generalcypresscommercial.comcypresscommercial.com

COMPANY OVERVIEW: DISCLAIMER:

Cypress Real Estate Partners, LLC d/b/a Cypress Commercial & Investment Real

Estate is an investment real estate brokerage firm that exclusively represents

buyers and sellers of single-tenant income producing properties and shopping

centers in the Carolinas and southeastern United States. With over 80 years

of investment real estate experience, Cypress has emerged as one of the top

boutique investment real estate firms. Cypress’ brokerage team prides itself on

delivering superior client service while offering the most current and advanced

marketing techniques in today’s marketplace. Cypress has sold over $1 billion in

investment properties throughout the Carolinas and eastern half of the United

States, representing both buyers and sellers in both metropolitan and rural

marketplaces.

It is the prospective purchaser’s responsibility to conduct its own due diligence.

The information contained in this brochure does not purport to be all-inclusive

or to contain all of the information that a prospective purchaser may desire.

Additional information and an opportunity to inspect the property will be

made available to interested, qualified prospective purchasers. Owner and its

representatives make no representation or warranty, express or implied, as to

the accuracy or completeness of this information, and no legal commitments

or obligations shall rise by reason of the contents herein. Cypress Commercial &

Investment Real Estate represents the seller in this transaction.

The owner expressly reserves the right, at its sole discretion, to reject

any or all expressions of interest by any entity at any time with or without

notice. The owner shall have no legal commitment or obligation to any

entity reviewing this information or making an offer to purchase subject

property unless and until a written agreement for the purchase of the

property has been fully executed, delivered and approved by the owner.

RETAIL SPACE FOR LEASE

PAGE 3

Page 4: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Lease Overview / Property Highlightscypresscommercial.com

LEASE OVERVIEW

PROPERT Y HIGHLIGHTS

• Brand New Class A Retail Space to be complete Spring 2018

• High traffic corridor at I-26 at Sunset Blvd. (HWY 378) interchange

• Lexington Hospital and Medical Complex in direct vicinity

• Strong Retail area with limited availability

• Traffic Count: Sunset Blvd: 25,900 VPD; I-26: 89,400 VPD

• Asking Rental Rate $28 PSF

• NNN Lease

Location: 2515 Sunset Boulevard, West Columbia, SC 29169

Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each

Land Area: 1.9+/- Acres

Parking Spaces: Ample parking on site

Zoning: Commercial (Retail)

Notes: Directly next door to a NEW Starbucks and Salsaritas. Dense retail and access to light. Co-anchor is

Mimosa Buffet.

RETAIL SPACE FOR LEASE

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Page 5: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

cypresscommercial.com Regional Map

Greenville

Myrtle Beach

Charlotte

Columbia

Augusta

Charleston

RETAIL SPACE FOR LEASE

PAGE 5

Page 6: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Local Aerialcypresscommercial.com

Subject

Sunset Boulevard

Sunset Boulevard

89,400 VPD

25,900 VPD

1st Spa & Nails

*6,500+ health care professionals, 65+ medical practices, 6 community medical and urgent care centers and is the largest extended care facility in the Carolinas

SC Real Estate School

& Medical Park

& Happy China

Northside Middle School

RETAIL SPACE FOR LEASE

PAGE 6

Page 7: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Site Aerialcypresscommercial.com

25,900 VPD

89,400 VPD

Sunset Boulevard

Chris Drive

RETAIL SPACE FOR LEASE

PAGE 7

Page 8: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Site Plan With Drive-Thru cypresscommercial.com

RETAIL SPACE FOR LEASE

PAGE 8

Page 9: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Site Plancypresscommercial.com

RETAIL SPACE FOR LEASE

1,572+/- SF

1,572+/- SF

Mimosa Buffet

PAGE 9

Page 10: NEW CLASS A RETAIL SPACE FOR LEASE - LoopNet€¦ · Building: Up to 3,144+/- SF or 2 spaces of 1,572 +/- SF each Land Area: 1.9+/- Acres Parking Spaces: Ample parking on site Zoning:

Dollar Generalcypresscommercial.comcypresscommercial.com

COLUMBIA, SOUTH CAROLINA

Columbia is the state capital and most populated city in South Carolina with an MSA population of roughly 795,000 people. Columbia is the county seat

of Richland County and located in the middle of the state at the junctions of Interstates 20, 77 and 26. The city was built on a strong foundation of state

government (capital), the nation’s largest Army training facility (Fort Jackson) and six major universities, most notably the University of South Carolina

(32,000 students).

Columbia is nationally ranked among the top five cities for highway connectivity with immediate access to I-77, I-26, I-20 and is a short drive from I-95. This

provides convenient access to all of the bigger markets surrounding Columbia such as Charlotte, Charleston, Augusta, Atlanta, Greenville and more.

RETAIL SPACE FOR LEASE

Columbia, South Carolina

PAGE 10

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Demographicscypresscommercial.com

POPULATION 1 mile 3 miles 5 miles

2022 Projection 5,432 50,981 142,321

2017 Estimate 5,125 48,740 135,169

2010 Census 4,661 46,054 125,596

2000 Census 4,368 43,479 117,521

Growth Rate 2000-2010 0.65% 0.58% 0.67%

Growth Rate 2010-2017 1.32% 0.78% 1.02%

Growth Rate 2017-2022 1.17% 0.96% 1.04

HOUSEHOLDS

2017 Total Households 2,194 22,173 54,716

2022 Total Households 2,320 23,120 57,702

2000-2010 Annual Rate 1.04% 0.41% 0.56%

2010-2017 Annual Rate 1.17% 0.65% 1.03%

2017-2022 Annual Rate 1.12% 0.84% 1.07%

2017 Median Household Income $52,857 $44,758 $43,632

2017 Average Household Income $68,070 $57,829 $57,786

RETAIL SPACE FOR LEASE

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cypresscommercial.com