Investment Highlights

NEW 10-YEAR ABSOLUTE NNN GROUND LEASE TO ICONIC QSR
» Operated by Bell American, the third-largest Taco Bell franchisee with 282 restaurants across nine states
» Taco Bell serves more than 42 million customers each week in the U.S., with annual sales projected to reach $15 billion by the end of 2022
» New 10-year absolute NNN ground lease to an iconic tenant
» 10% rental increases every five (5) years, providing a hedge against inflation
» No landlord management, ideal for an out-of-area investor
» New high-quality 2022 construction built to the latest Taco Bell prototype, including a drive-thru for added customer convenience

EXCELLENT VISIBILITY IN COLUMBIA’S MAIN RETAIL CORRIDOR
» Excellent visibility along Harbison Boulevard with access to 32,600 vehicles per day
» Across from Columbiana Station, a main retail center in Columbia’s primary shopping district and anchored by major national brands such as Target, Publix, TJ Maxx, Bed Bath & Beyond, and Old Navy, promoting cross-over traffic
» Prominent location in Columbia’s main retail corridor with a regional draw
» Beneficial proximity to major South Carolina thoroughfares Interstate 20 (119,100 AADT) and Interstate 26 (148,400 AADT)
» Surrounded by a strong mix of local and national retailers, including Walmart Supercenter, Costco Wholesale, Sam’s Club, The Home Depot, Lowe’s Home Improvement, AMC Theaters, and many more

PRIME LOCATION IN GROWING COMMUNITY NEAR STRONG TRAFFIC DRIVERS
» Minutes from Irmo High School, Irmo Middle School, and Midlands Technical College – Harbison Campus, the fifth-largest college system in South Carolina with $1 billion annual economic impact in the central midlands (combined 3,156 students)
» Two miles from Prisma Health Baptist Parkridge Hospital (76 beds, 600+ employees), a major area employer
» Near many single-family housing developments and large apartment complexes
» Population of 100,333 within a five-mile radius
» Average annual household income of $96,334 within five miles (projected 14% increase by 2027)
» 10 miles from the University of South Carolina (34,731 students, $5 billion annual economic impact) and Downtown Columbia, the capital and second-largest city in South Carolina (population 829,470)

Property Description

SOLD

» This Taco Bell is located on Harbison Boulevard with excellent visibility and access to 32,600 vehicles per day. The property is located prominently in Columbia’s main retail corridor with a regional draw
» Columbiana Station shopping mall is located directly across from the site and anchored by major national brands such as Target, Publix, T.J. Maxx, Bed Bath & Beyond, and Old Navy, promoting cross-over traffic. Furthermore, the location is surrounded by a strong mix of local and national retailers including Walmart Supercenter, Costco Wholesale, Sam’s Club, The Home Depot, Lowe’s Home Improvement, AMC Theaters, and numerous others
» The site maintains beneficial proximity to major South Carolina thoroughfares Interstate 20 (119,100 AADT) and Interstate 26 (148,400 AADT), increasing traffic in the immediate and surrounding areas
» The property is minutes from Irmo High School, Irmo Middle School, and Midlands Technical College -Harbison Campus, the fifth largest college system in South Carolina with a $1 billion annual economic impact in the central midlands (combined 3,156 students)
» Prisma Health Baptist Parkridge Hospital (76 beds, 600+ employees), a major area employer is located just two miles from the site. The location is 10 miles from the University of South Carolina (34,731 students, $5 billion annual economic impact) and serves as a gateway to Downtown Columbia, the state capital and second-largest city in South Carolina (population 829,470)
» The property is situated conveniently near many single-family housing developments and large apartment complexes
» The location serves a population of 100,333 within a five-mile radius. The community is poised for growth with an average annual household income of $96,334 within five miles and is projected to increase 14% by 2027