Closed IHOP Ground Lease1031 Assembly Street, Columbia, SC 29201
Sales Summary
Sales Price: $3,595,000
Cap Rate: 4.45
Investment Highlights
• Rare single tenant, NNN property in prominent urban location
• Close proximity to Columbia CBD, the State Capitol, University of South Carolina (34,000+ students),
and walking distance to the Congaree Vista entertainment district
• Traffic Counts: Assembly St.- 28,800 VPD
Gervais St.- 31,400 VPD
• Corner parcel with excellent access and a signalized intersection
• Unusually large parking area for urban location
• Long term investment w/ attractive yield
• Perfect for a 1031 Exchange Investor or all cash buyer
Property Summary
Property Type: Investment
Building Size: 4,219 sf
Land Area: .56 sf
Year Built: 2014
Parking Spaces: 40
