Chase Bank4800 Garners Ferry Road, Columbia, SC 29205
Sales Summary
Sales Price: $3,950,000
Cap Rate: 4
Investment Highlights
• Absolute NNN Lease with zero landlord responsibilities
• A+ S&P Credit Rating for JP Morgan Chase Bank, N.A.
• Strong retail location with excellent frontage on 2 major thoroughfares
• 15 year Lease w/ a 10% rental increase in year 6 and year 11
• Three (5) year options w/ 10% increases
• Close proximity to Downtown Columbia, University of South Carolina, USC Medical School and Midlands Technical College
• High Traffic: Garners Ferry: 46,200 VPD
• Retail area has limited availability and low vacancy
• Perfect 1031 exchange property or passive investment opportunity for any investor
Property Summary
Property Type: Investment
Secondary Type: Bank