Arby's University Boulevard
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||Net Leased Investment (NNN)
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Overview / Comments
The 1.21 acre property is corporately leased to Arby’s. They are currently in their first option, with (3) 5-Year Options remaining. There are 7.5% rent escalations at each option. Arby’s has occupied the location since 2003. University Boulevard (39,400 VPD) is home to Charleston Southern University (3,650 students) and Trident Medical Center (313 beds). National retailers in the area include Wendy’s, Cook Out, Zaxbys, Sonic, CVS, Starbucks, Firehouse Subs, and many hotel chains. Aside from a strong medical (Roper Saint Francis, Trident Regional, MUSC) and education community (College of Charleston, The Citadel, Charleston Southern, Charleston School of Law), companies such as Boeing, Volvo, Bosch, Google, Westvaco and KapStone have chosen the Charleston MSA for their regional headquarters. Additionally, the South Carolina Ports Authority operates five public terminals through the Charleston harbor, each of which promotes housing, retail, office, warehouse and manufacturing stability and expansion.
Attachments & Media
||32 - N.Chas./Summerville outside I-526
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