Listed by Atlantic Capital Partners
$4,476,000
Twin Peaks | Columbia, SC
Details
APN R08912-08-04
Property Type Retail
Square Footage 8,764
Net Rentable (SqFt) 6,505
Units 1
Cap Rate 6.5%
NOI $290,911
Occupancy 100%
Tenancy Single
Brand/Tenant Hooters
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/31/2029
Remaining Term 3.4
Rent Bumps Yes
Lease Options 3 x 5-year options
Year Built 2015
Stories 1
Acreage 0.820
Investment Type Net Lease
Tenant Credit Franchisee
Lease Commencement 11/08/2014
Ground Lease No
6.5% CAP - MINUTES FROM UNIVERSITY OF SOUTH CAROLINA | Downtown Infill Location
Marketing description
General • 8,764 SF • 11/03/2015
Investment highlights
Strong Lease Fundamentals
- 10% Rent Increases in Each Option Period. Absolute NNN Providing No Landlord Responsibilities. Three (3) - Five (5) Year Option Periods
Positioned in a Strong Retail Node:
- Over 2.7msf of Retail Space Within a 1-mile Radius of Asset. Nearby Major Retailers Include: Publix Super Market, Halls Chophouse, Longhorn Steakhouse, and Lots of Others
Located in Established “vista” Neighborhood:
- The Vista Has More Than 8k Multifamily Units in a Two Mile Radius, Over 8k Student Housing Beds, and Averages 1.8m Visitors Monthly. Site is Walking Distance to the South Carolina State House, the Columbia Metropolitan Convention Center, the Congaree Waterfront, and Much More
Columbia, Sc:
- The South Carolina State Capital Has an Annual Growth Rate of 1.46% and Has the Population Has Grown More Than 6% Since 2020 | Columbia Has a Strong Job Market With Projected Job Growth of Over 27% in the Next Ten Years. Healthcare and Education Industries Are the Major Economic Drivers
Close Proximity to University of South Carolina:
- Site is Located 1 Mile From the University of South Carolina - 444 Cre Campus Ranked #61 in Top Public Schools (Us News). Usc Has Over 8,000 Students and More Than 15,000 Employees
Listing Contacts
Listed by Atlantic Capital Partners
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$290,911.00
$24,242.58/mo
Valuation Metrics
0
DSCR
6.5%
Cap Rate
6.5%
ROI
Map
Zoning
RAC MixedMixed UseRegional Activity Center And Corridor District
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View all 127 uses Last updated Apr 21, 2026 For deeper zoning details, reports are available at Zoneomics
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