West Side Plaza

PROPERTY OVERVIEW

• Grocery-anchored - Neighborhood retail center anchored by Bi-Lo (46,649± SF) at conservative $7.000 PSF NNN rent and under a fresh 10-year renewal term.  Southeastern Grocers is the parent firm of Bi-Lo, Winn-Dixie and Harvey's grocery chains, including 750+ stores across the Southeastern United States.
• Stable, high quality income stream - from established, successful tenant mix, including nationals: Bi-Lo, Hobby Lobby, Dollar Tree, Rent-A-Center, CATO, St. Andrew's Fitness d/b/a MUV Fitness, GNC, Sally Beauty, etc. generating 80%+ of total gross income.
• High visiblity & traffic counts - 33,600± cars per day pass near the shopping center along Augusta Road (US Highway 1), the major commercial corridor connecting West Columbia to downtown Columbia.  Strategically located at the intersection of I-26 and Augusta Road.
• Upside Potential - through lease-up of five (5) available tenant spaces and continued rent growth.
• One outparcel - available for development is included in the sale.
• Columbia MSA - the 2nd largest MSA in South Carolina with a combined population of 800,000± residents, State Capitol and home of the University of South Carolina (50,000± students).  Columbia MSA is experiencing a 2.5% job growth in 2015.