Destination Pet - Columbia, SC
6,529 SF | Retail Building | Columbia, SC 29210 | $1,005,000 ($154/SF) | 6.72% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $1,005,000
- Property Type
-
Retail
- Square Feet
- 6,529 SF
- Price / Square Foot
- $154
Listing Contacts
Austin Eastman
Verified Profile
Gage Earnhart
Verified Profile
Max Freedman
Verified Profile
- Property Info
Property Overview
Sands Investment Group is Pleased to Exclusively Offer for Sale a 6,529 SF Destination Pet Located at 124 Stonemark Lane in Columbia, SC. This Deal Includes a Lease That Features Above Market 4% Annual Rental Increases Throughout the Term, With Landlord Responsibilities Limited to Roof and Structure and a Strong Corporate Guarantee From Destination Pet, LLC, Providing For a Secured Investment.
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
Property Details
- Class
- B
- Year Built
- 2000
- Stories
- 1
- Property Subtype
- Loft/Creative Space, Medical
- Lot Size (sq. ft)
- 26,572 SF
Highlights
- This is a Double Net (NN) Lease With Landlord Responsibilities Limited to Roof and Structure
- Strong Corporate Guarantee From Destination Pet, LLC (200+ Locations)
- The Lease Features Above Market 4% Annual Rental Increases Throughout the Term, Steadily Growing the NOI
- Destination Pet is a National Tenant With 200+ Locations, Providing Investors With an Experienced and Growing Operator
- This Location Was Acquired By Destination Pet in 2019 Due to the Site's Strong Performance
- Veterinary Hospitals Are Sound Investments as They Are Pandemic and E-Commerce Resistant and Have Low Relocation Rates Due
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