Description

Fortis Net Lease is pleased to present this Joe Hudson's Collision Center located in Columbia, South Carolina. Joe Hudson's acquired the business from Carolina Paint & Body in December 2020 and established a 10-year lease. About 5 years remain on the lease, with four five-year options and 5% rent bumps every five years.

Columbia is the capital of South Carolina and home to the University of South Carolina, the state's flagship university and a major employer. The property sits in Richland County, with approximately 157,250 residents and an average household income of $59,000 within five miles. It is directly off a major highway, with 27,000 vehicles per day on Gracern Road and 32,000 on US-76 (I-126), in a dense area of national credit tenants including Quick Lane, Family Dollar, BP, Shell, Embassy Suites, Tru by Hilton, Food Lion, Homewood Suites, several auto dealerships and quick service restaurants.

Payman Mahjoory of Fortis Net Lease represents this offering. Please contact him at 248.419.3286 or pmahjoory@fortisnetlease.com for the offering memorandum and additional details.