STRONG LEASE FUNDAMENTALS
- Long-Term Lease with more than 10 years remaining
- 4 x 5 Year extensions
- Minimal Landlord Responsibilities
INVESTMENT GRADE TENANT
- Wal-Mart, Inc. has a AA Credit rating from the S&P
- NYSE: WMT - with a market cap of over $562 Billion Dollars
- The brand has been ranked #1 on Fortune 500 Global list - #1 in Global Sales
POSITIONED NEAR MAJOR ECONOMIC DRIVERS
- More than 913K SF of industrial Space located within a 1-mile radius of the site
- Located 10 miles from Charleston International Airport (1.6K full time employees & over 3 million passengers annually)
- Over 5.5K students within 2 miles
- 2 Miles from AFSB - Charleston (Over 600 personnel)
OVERSIZED PARCEL WITH GREAT ACCESS
- Over 6 acres provides significant redevelopment upside
- Parcel also provides flexibility for adding value through rezoning or higher-density projects
- Multiple point of ingress and egress
HIGH GROWTH CHARLESTON, SC
- 6 acre Site with significant redevelopment upside is located at the intersection of Red Bank Rd (32.5K VPD) and Henry E Brown Jr. Blvd (30.8VPD)
- Henry E Brown Jr. Blvd runs to center city Charleston, SC with a population over 157K
- Since 2020 the population of Charleston, SC has grown more than 4%
- Charleston, SC is growing 3X faster than the US average
WALMART NEIGHBORHOOD MARKET
- The Neighborhood format was designed in 1998 with around 38,000 SF and 95 employees
- With more than 500 stores, the new format is growing rapidly
- The site is one of only 400 nationwide to have a Walmart Gas Station attached to the parcel