RealtyLink Development

Discount Tire - Ground Lease (Augusta GA MSA)

2286 Whiskey Road
Aiken, SC 29803

Property: Investment Sales

Square Footage: +/- 7,680

Acreage: +/- 1.673

Price: $2,000,000

Cap Rate: 4.25%

Description:

  • 57 year old company based in Scottsdale AZ and world’s largest independent tire and wheel retailer with over 925 stores in 31 states (www.discounttire.com)
  • 20 year NNN corporate Ground Lease commences Summer 2017 with 7.5% rent bumps every 5 years and 7 renewal options
  • New construction with high visibility and access on the main corridor in the heart of the trade area directly across from a Publix anchored center
  • Trade area tenants include Walmart, Target, Kroger, Home Depot, Lowe’s, Hobby Lobby, Academy Sports, Ross, TJ Maxx, Bed Bath & Beyond and many more
  • Traffic counts in excess of 36,200 cars per day in front of property
  • Population of nearly 50,000 residents with average household income over $78,000 in a 5 mile radius of property
  • Aiken is a nationally recognized and ranked community along Interstate 20 about 15 miles east of Augusta GA (www.visitaikensc.com)

Discount Tire - Ground Lease (Augusta GA MSA)

Downloads

Demographics         

Site Plan         

Aerials         

Investment Flyer         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com