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- LoopNet Team
1355 Knox Abbott Dr
Cayce, SC 29033
Walmart Neighborhood Market · Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 1355 Knox Abbott Dr , Cayce, SC 29033
AA CREDIT RATED TENANT Walmart is an Investment Grade Tenant Lease with a Standard & Poor’s rating of AA. Walmart is a publicly traded company (NYSE: WMT) ranked the #1 Fortune 500 Company. Walmart is the world’s largest retailer and employer with 11,000 +/- stores worldwide. ATTRACTIVE LONG-TERM NNN GROUND LEASE Walmart Neighborhood Market on a 20-Year Corporate Guaranteed NNN Ground Lease with 17 1/4 Years remaining. There are 16, 5-Year renewal option periods each with 5% rent increases. The Tenant is 100% responsible for all expenses, including roof, structure, taxes, insurance, and common area maintenance (CAM). STRONG RETAIL LOCATION This property is well located at the high traffic signalized intersection of US Hwy 321/Charleston Highway (VPD 24,800) and Knox Abbot Road (VPD 22,800). Surrounding national retailers include CVS, McDonalds, Save a Lot, AutoZone, Wells Fargo, Taco Bell, Rite Aid, Walgreens, Red Lobster, KFC, Wendy’s and More. The 5-Mile population for the subject property is over 131,637. COLUMBIA, SC Columbia is the capital and largest city in the state of South Carolina with a population over 800,000. Columbia’s airport serves 1.5 million passengers a year with flights to all major East Coast markets. 14 Fortune 500 companies contribute to Columbia’s $31.97 billion GDP. Columbia is also home to the University of South Carolina with a 30,000 student enrollment. Columbia is also home to Fort Jackson, the largest and most active initial entry training center in the U.S. Army. The Fort has a significant economic impact on the local area. Annual expenditures by Fort Jackson exceed $716.9 million for salaries, utilities, contracts and other services. CAYCE, SC The subject property is located Knox Abbott Drive, which is considered the main commercial corridor in the City of Cayce and serves as a major beltway from the Columbia Metropolitan Airport to downtown Columbia and the City of West Columbia. This corridor is a perfect blend of retail, hotel, restaurants, and financial institutions. A recently completed 1 Million SQ FT Amazon Fulfillment Center has been built in Cayce-West Columbia creating 2,000 jobs in the area. Amazon expects a portion of the 100,000 new hires of 2018 will be added to this facility. Amazon is currently relocating its North Carolina bookmaking operation to West Columbia adding another 150 jobs to the area.
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $259,510 |
Land Assessment | $427,416 | Total Assessment | $686,926 |
PROPERTY TAXES
- 004654-01-039
- 004654-01-040
- 004654-01-084
Learn More About Investing in Retail Properties
Listing ID: 11326826
Date on Market: 1/22/2018
Last Updated:
Address: 1355 Knox Abbott Dr, Cayce, SC 29033
The Retail Property at 1355 Knox Abbott Dr, Cayce, SC 29033 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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