Verizon Wireless, Charlotte MSA

1107 Highway 9 Bypass West
Lancaster, SC 29720

Site Plan(s) (PDF)

Aerial(s) (PDF)

Lancaster is ideally located between Charlotte, NC and Columbia, SC along the I-77 corridor
The 4,500 SF retail building was developed on 1.57 acres and completed in October 2010
It is positioned on SC Hwy 9 Bypass directly across from Home Depot and next to Walgreens
Verizon Wireless corporate is on a 10 year net lease with a 10% rent bump after 5 years
The 12 week transaction closed escrow for all cash on November 4, 2010 for $1,900,000
The exchange buyer was a high net worth investor out of the Washington D.C. metro area

Square Feet:

4,500

Acreage:

1.57

Cap Rate:

Call

Price:

$1,900,000

Property Type:

NN

Purchase Type:

For Sale

Contact:

Tyson Glasser, CCIM

(864) 263-5427