March 10, 2025 – Greg Moore of Horvath & Tremblay has successfully completed the sale of Tire Choice in Columbia, South Carolina. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,000,000.
Tire Choice is located at 744 Greenlawn Drive in Columbia, South Carolina. Tire Choice has 4+ years remaining on their Double Net Lease with one (1), 5-Year Renewal Option. The stand-alone building consists of 5,088 square feet and sits on 1.13 acres of land. The lease features attractive 3% annual rent increases throughout the base term of the lease and the renewal option, providing the investor with an attractive increase in revenue and a hedge against inflation. Tire Choice is located along Greenlawn Drive and is seconds from the signalized intersection with Garners Ferry Road (US Route 378), the area’s primary commercial and commuter corridor. The Property is surrounded by national and local retailers and restaurants that drive traffic to the area and is convenient to residential neighborhoods providing a built-in customer base. Additionally, Tire Choice is less than 1 mile from Interstate 77 and 5 miles from Downtown Columbia and the University of South Carolina.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.