Overview
Matthews Real Estate Investment Services™ is pleased to offer the opportunity to acquire Two Notch Road Retail Strip, a 16,840± SF retail strip, 93.60% leased to a synergistic mix of national, regional, and local tenants. The property sits in the dense Northeast Columbia submarket, located minutes from downtown.
Investment Highlights
Superb Location on Heavily Traveled Two Notch Road - Situated in front of Hobby Lobby,
fronting Two Notch Road with a traffic count of 32,600± VPD.
Strategically located in Northeast Columbia - Outparcel to Hobby Lobby, in the immediate vicinity of Publix, Kroger, Target, Fresh Market and a myriad of national retailers.
Proven Performance with Upside - The six current tenants at the property have been at the center since the property’s initial development in 2014. One vacant space of 1,079 SF is nearly move-in ready for hair salon or other small retailer.
Exceptional National Credit Tenant Roster - Synergistic mix of internet resistant tenants including aspen Dental, McAlister’s Deli, T-Mobile, Marco’s Pizza, Vitamin Shoppe, and Sleep Number.
High Rental Growth: 3.42% CAGR - With built in rental increases and upside in leasing up the 1,079 SF vacancy, the asset offers a hedge against inflation and healthy long term returns.
High Performing Stores - Aspen Dental, McAlister’s, and Marco’s Pizza are all #1 ranked in
Columbia by visits.
Sales Team
