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Walgreens 9001 Two Notch Rd 14,620 SF Retail Building Columbia, SC 29223 $8,194,805 CAD ($560.52 CAD/SF) 7.73% Cap Rate

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INVESTMENT HIGHLIGHTS

Absolute Triple-Net (NNN) Lease | Zero (0) Landlord Responsibilities
Rare Percentage Rent Clauses | 2.00% Of Gross Sales (Excluding Food & Prescription) | 0.5% Of Gross Sales From The Sale Of Food Items & Prescription

Original Long-Term Twenty-Five (25)-Year Lease | Approximately 8.5 Years Remaining | Fifty (50), One (1)-Year Options
1.72-Acre Lot | 14,620-Square Foot Building | 64 Parking Spaces | Left/Right Access Along Both Rabon Rd & Two Notch Rd

EXECUTIVE SUMMARY

Surmount is pleased to present the exclusive listing for a Walgreens located at 9001 Two Notch Rd, Columbia, SC 29223. The site consists of roughly 14,620 rentable square feet of building space on an estimated 1.71-acre parcel of land. This Walgreens is subject to a 25-year Triple Net (NNN) lease, which commenced 5/1/2009. The current annual rent is $456,000.