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Peak I-26 Exit- Ground Lease Opportunity 1260 RAUCH METZ

3.23 Acres of Commercial Land for Lease in Irmo, SC 29063

Highlights

  • Major Columbia SC MSA Exit leading to the high growth area of Chapin SC and Lake Murray
  • Excellent large scale convenience store, QSR or strip center development

Lot Available

Display Rental Rate as

Rental Rate
  • Upon Request
  • Upon Request
  • Upon Request
  • Upon Request
Lease Term 15 Years
Lot Size 3.23 AC

Ground lease is being offered for $190,000 per year plus NNN with a 15 year base term and (3) five year options with 10% rent increases in each option period for the entire parcel. Property is being offered as a ground lease opportunity for a major convenience store and/or QSR operator or similar operation, strip center, etc. Owner willing to possibly subdivide with two separate ground leases, see listing agent for details.

Property Overview

The Peak Exit (Exit 97 on I-26) is in the process of being redesigned now as part of the 1-26 Midlands Connection Project which will improve the 16- mile segment of the 1-26 roadway system that stretches from Exit 85 in Little Mountain to Exit 101 in Irmo. This property is now available on the newly redirected Rauch Metz Road exiting from I-26. This unique 3.23 Acre parcel, zoned GC (General Commercial), is one of the first opportunities to enter after exiting the Highway. This parcel would be a great large scale convenience store and/or QSR opportunity, strip center, etc. and one of the first stops for right in/right out traffic on Rauch Metz Road leading to the explosive growth area of Chapin SC and Lake Murray! GREAT DEVELOPMENT OPPORTUNITY!!!

PROPERTY FACTS

Total Space Available 3.23 AC
Property Type Land
Property Subtype Commercial
Proposed Use
Convenience Store
  • Fast Food
  • Restaurant
  • Strip Center
  • Listing ID: 31205875

  • Date on Market: 3/13/2024

  • Last Updated:

  • Address: 1260 RAUCH METZ, Irmo, SC 29063

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