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INVESTMENT OFFERING

SAB Capital is pleased to present Hooters in Columbia, the capital city of South Carolina. This is an absolute triple net lease with zero landlord responsibilities (NNN), with a corporate guaranty backing the lease. The site serves as an outparcel to a Home Depot-anchored shopping center, within a very dense trade area with over one million square feet of existing retail space within one mile. It is strategically located along Two Notch Road, an established retail corridor that sees over 30,000 vehicles pass every day.

  • Hooters in Columbia, SC | Capital City of South Carolina
  • Absolute Triple Net Lease (NNN) | Zero Landlord Responsibilities
  • Corporate Guaranteed Lease | Little Risk of Default
  • Columbia is a Growing Market | ~6% Population Increase Within 5 Miles Since the 2010 Census
  • Subject Serves as an Outparcel to a Home Depot Site | Strong Flow of Customer Traffic
  • Dense Trade Area | Over 1M Square Feet of Existing Retail Space Within 1 Mile of the Subject
  • Twelve Hotels Located Within a Half-Mile of the Subject | Nationally Recognized Brands | 1,250+ Total Rooms
  • Located on an Established Retail Corridor With Strong Traffic Flow | 30,000+ Vehicles Per Day (VPD)
  • National Retailers Located Nearby | Chili’s, IHOP, Outback Steakhouse, Circle K, Waffle House, Lowe’s, McDonald’s Buffalo Wild Wings and Many More

Tenant Price Cap Rate Lease Type Square Feet Status
Hooters $3,425,000 7.80% Absolute NNN 5,748 Closed

Michael Grunberg

VICE PRESIDENT | INVESTMENT SALES

Stephen Asihene

SENIOR ASSOCIATE | INVESTMENT SALES
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