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Description
Base Rent: $20.00 per square foot annually
Triple Net Expenses (NNN): $3.00 per square foot annually
Introducing a prime retail opportunity. With 24-hour access and ample parking, convenience is paramount.
Key Highlights:
Location: 10 minutes from downtown Columbia. 2-minute drive from the I-20 interstate,
Proximity to New Development's:
- 2 minutes from newly developed 288 unit Garden Lakes Apartments.
High Visibility: Ample vehicle traffic
Unit Features: New flooring, energy-efficient LED light fixtures, updated bathroom fixtures, freshly painted walls, and a brand-new HVAC system.
Lease Terms & Requirements:
Lease Term: Minimum of 2 years.
Base Rent Increase: $1.00 per sq. ft. every 2 years (e.g., after 2 years, base rent increases from $20.00 to $21.00 per sq. ft.).
Income Requirement: Tenant must provide proof of income equal to three times the monthly rent.
Security Deposit: Required upon lease signing, along with the first month's rent upon move-in.
Required Documentation:
Proof of Income: 3 most recent pay stubs or 3 months of current bank statements.
Proof of Identification: Valid driver's license or state ID.
Application Fees: $80 application fee (non-refundable) and $32 background & credit check fee (non-refundable).
Lease Structure: Triple Net Lease (NNN)
Under the Triple Net Lease structure, the tenant is responsible for:
Base rent
Utilities: Garbage, Electricity, Water, and Sewer
Triple Net Expenses (NNN): Property Insurance, Common Area Maintenance (CAM) and Property Tax
This is an ideal location for businesses seeking high visibility and a growing customer base in a rapidly evolving area. This space provides an excellent foundation for your business to thrive. Contact us today to schedule a tour and discuss how this property can meet your business needs.
Base Rent: $20.00 per square foot annually
Triple Net Expenses (NNN): $3.00 per square foot annually
Introducing a prime retail opportunity. With 24-hour access and ample parking, convenience is paramount.
Key Highlights:
Location: 10 minutes from downtown Columbia. 2-minute drive from the I-20 interstate,
Proximity to New Development's:
- 2 minutes from newly developed 288 unit Garden Lakes Apartments.
High Visibility: Ample vehicle traffic
Unit Features: New flooring, energy-efficient LED light fixtures, updated bathroom fixtures, freshly painted walls, and a brand-new HVAC system.
Lease Terms & Requirements:
Lease Term: Minimum of 2 years.
Base Rent Increase: $1.00 per sq. ft. every 2 years (e.g., after 2 years, base rent increases from $20.00 to $21.00 per sq. ft.).
Income Requirement: Tenant must provide proof of income equal to three times the monthly rent.
Security Deposit: Required upon lease signing, along with the first month's rent upon move-in.
Required Documentation:
Proof of Income: 3 most recent pay stubs or 3 months of current bank statements.
Proof of Identification: Valid driver's license or state ID.
Application Fees: $80 application fee (non-refundable) and $32 background & credit check fee (non-refundable).
Lease Structure: Triple Net Lease (NNN)
Under the Triple Net Lease structure, the tenant is responsible for:
Base rent
Utilities: Garbage, Electricity, Water, and Sewer
Triple Net Expenses (NNN): Property Insurance, Common Area Maintenance (CAM) and Property Tax
This is an ideal location for businesses seeking high visibility and a growing customer base in a rapidly evolving area. This space provides an excellent foundation for your business to thrive. Contact us today to schedule a tour and discuss how this property can meet your business needs.
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