Electronics
VERIZON CORPORATE STORE | WALMART OUTPARCEL | RANKED TOP 2% NATIONALLY -PLACER.AI
1207 Knox Ave, North Augusta, SC 29841
Listing Price: $2,403,000
Cap Rate
7.00%
Tenant Name
Verizon
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
4,320
Lease Type
Double Net
Rent Per Square Feet
$38.93
Investment Overview
We're pleased to bring to market the offering for a corporate Verizon store in Augusta, SC.
VERIZON CORPORATE STORE | WALMART OUTPARCEL | RANKED TOP 2% NATIONALLY -PLACER.AI
Investment Highlights
- 4,320-SF Verizon Corporate Store Location on a +/-0.78 Acre Parcel | Outparcel to Walmart Supercenter | 4+ Years Remaining on a Double Net Lease | Minimal Landlord Responsibilities: Roof and Structure
- 10% Rental Increase in One, 5-Year Renewal Option Remaining | Corporately Guaranteed Lease
- Strong Location Within a Walmart Supercenter Anchored Center in a Very Dense Retail Corridor | Ranked in the Top 2% of Verizon Locations Nationally and Ranked 2nd in the State of SC for Site Visits
- High Visibility From Hard, Signalized Corner With Lighted Sign and Dedicated Turn Lane to Shopping Center | Center Features Three Points of Ingress and Egress and a Large, Fully Lit Parking Lot | Ratio of 8.3 Spaces/1,000 SF
- Strong Traffic Counts Along Knox Avenue, Seeing 15,100+ Vehicles Per Day | 2 Miles Off of Interstate 520, Seeing Over 19,000 VPD
- Located Along the Main Retail Corridor Near Multiple National Tenants Including Walmart Supercenter, Lowe's, Kroger, Publix, Planet Fitness, Belk, Starbucks, Chick Fil A, IHOP, Walgreens, McDonald's, ALDI, Sherwin Williams and More
- North Augusta is Apart of the Augusta, Georgia Metroplitan Statistical Area With a Population Exceeding 621,000 | 7 Miles From Augusta National Golf Club, Home of The Masters Tournament Bringing 100,000 Patrons to the Area Annually
- Stable Demographics: Population of 91,500+ Within 5 Miles is Projected to Grow Through 2029 | Daytime Population of Over 127,900
Exclusively Listed By
Broker of Record
Electronics
VERIZON CORPORATE STORE | WALMART OUTPARCEL | RANKED TOP 2% NATIONALLY -PLACER.AI
Listing Price: $2,403,000
Cap Rate
7.00%
Tenant Name
Verizon
Years Remaining On Lease
4.4
Guarantor
Corporate Guarantee
Rentable SF
4,320
Lease Type
Double Net
Rent Per Square Feet
$38.93
Investment Highlights
- 4,320-SF Verizon Corporate Store Location on a +/-0.78 Acre Parcel | Outparcel to Walmart Supercenter | 4+ Years Remaining on a Double Net Lease | Minimal Landlord Responsibilities: Roof and Structure
- 10% Rental Increase in One, 5-Year Renewal Option Remaining | Corporately Guaranteed Lease
- Strong Location Within a Walmart Supercenter Anchored Center in a Very Dense Retail Corridor | Ranked in the Top 2% of Verizon Locations Nationally and Ranked 2nd in the State of SC for Site Visits
- High Visibility From Hard, Signalized Corner With Lighted Sign and Dedicated Turn Lane to Shopping Center | Center Features Three Points of Ingress and Egress and a Large, Fully Lit Parking Lot | Ratio of 8.3 Spaces/1,000 SF
- Strong Traffic Counts Along Knox Avenue, Seeing 15,100+ Vehicles Per Day | 2 Miles Off of Interstate 520, Seeing Over 19,000 VPD
- Located Along the Main Retail Corridor Near Multiple National Tenants Including Walmart Supercenter, Lowe's, Kroger, Publix, Planet Fitness, Belk, Starbucks, Chick Fil A, IHOP, Walgreens, McDonald's, ALDI, Sherwin Williams and More
- North Augusta is Apart of the Augusta, Georgia Metroplitan Statistical Area With a Population Exceeding 621,000 | 7 Miles From Augusta National Golf Club, Home of The Masters Tournament Bringing 100,000 Patrons to the Area Annually
- Stable Demographics: Population of 91,500+ Within 5 Miles is Projected to Grow Through 2029 | Daytime Population of Over 127,900
Investment Overview
We're pleased to bring to market the offering for a corporate Verizon store in Augusta, SC.
Exclusively Listed By
Broker of Record
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