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600 Gervais StColumbia, SC 29201
Twin Peaks
Asset ClassRetail
Irreplaceable Location | Close Proximity to University of South Carolina |
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Overview

Atlantic Capital Partners has been exclusively engaged to solicit offers for the sale of a Twin Peaks in Columbia, SC. The Premises has been leased to Twin Peaks for 15 years with 5 years remaining. . The Asset is well positioned in the Congaree Vista business district of Columbia and fronts the main thoroughfare Gervais St.

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Investment Highlights

STRONG LEASE FUNDAMENTALS

  • 10% rent increases in each option period
  • Absolute NNN providing no Landlord Responsibilities
  • Three (3) - Five (5) year option periods

POSITIONED IN A STRONG RETAIL NODE

  • Over 2.7MSF of retail space within a 1-mile radius of asset
  • Nearby major retailers include: Publix Super Market, Halls Chophouse, Longhorn Steakhouse, and lots of others

LOCATED IN ESTABLISHED “VISTA” NEIGHBORHOOD

  • The Vista has more than 8k multifamily units in a two mile radius, over 8k student housing beds, and averages 1.8M visitors monthly
  • Site is walking distance to the South Carolina State House, The Columbia Metropolitan Convention Center, The Congaree waterfront, and much more

CLOSE PROXIMITY TO UNIVERSITY OF SOUTH CAROLINA

  • Site is located 1 mile from The University of South Carolina - 444 acre campus ranked #61 in Top Public Schools (US News)
  • USC has over 38,000 students and more than 15,000 employees

COLUMBIA, SC

  • The South Carolina State Capital has an annual growth rate of 1.46% and has the population has grown more than 6% since 2020
  • Columbia has a strong job market with projected job growth of over 27% in the next ten years
  • Healthcare and Education industries are the major economic drivers
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600 Gervais StColumbia, SC 29201

Sales Team

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Listing provided by Revere CRE