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1355 Knox Abbott Dr
Cayce, SC 29033

Walmart Neighborhood Market · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
41,921 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2015
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
5.71 AC
Zoning
C3
Parking
300 Spaces
Frontage
1,064 FT on Charleston Highway

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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 004654-01-039
  • 004654-01-040
  • 004654-01-084
Land Assessment
$427,416
Improvements Assessment
$259,510
Total Assessment
$686,926
  • Listing ID: 11326826

  • Date on Market: 1/22/2018

  • Last Updated:

  • Address: 1355 Knox Abbott Dr, Cayce, SC 29033

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