Foot Locker - Corporately Guaranteed

7007 Two Notch Rd Columbia, SC 29223

7007 Two Notch Rd, Columbia, SC, 29223
7007 Two Notch Rd, Columbia, SC, 29223 7007 Two Notch Rd, Columbia, SC, 29223 7007 Two Notch Rd, Columbia, SC, 29223 7007 Two Notch Rd, Columbia, SC, 29223
FOR SALE
Property Type:
Free Standing Building
Amount:
$3,277,000
Last Verified:
May 01, 2024

Highlights

  • NN Foot Locker With 6+ Years Remaining on Current Term
  • Fully Master Leased & Corporately Guaranteed by Foot Locker Inc. ($FL)
  • Strong Reported Sales
  • New Roof Installed 2020 - Tenant Wholly Responsible for HVAC Repairs and Replacements
  • Strong 5-Mile Demographics of 124,330 Residents Located 7 Miles to Downtown Columbia, the Capital of South Carolina
  • Excellent Visibility Along US 1 Highway Generating 27,300 VPD Passing Directly in Front of Subject Property
  • Foot Locker is Currently Shifting to Off-Mall Locations and Expects to Expand its New Store Concepts From 120 Locations to 400 Locations in 2026

Description

Trinity Real Estate Investment Services is pleased to present the opportunity to acquire a Foot Locker in Columbia, SC. The subject property is located in the capital of South Carolina, having a 5-mile population of 124,000+ residents.

Broker of Record - Brian Brockman - Bang Realty-South Carolina Inc - (513) 898-1551 - SC#108250

tbd


Year Built: 1963
Building Size: 16593sq ft
Lot Size: 1.14 acres


Documents

Offering Memorandum

Map of 7007 Two Notch Rd, Columbia, SC, 29223

Presented by:
Trinity Real Estate Investment Services

Request additional information
Brad Motley


Send a message
Share this Listing

Not Interested In This Property? TheBrokerList.com Can Help
Looking for an office, retail space, warehouse or anything else?
Contact a Licensed Member Today

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.