110 Dutchman Boulevard - NNN Biopharma Investment Columbia, … · 2020-02-21 · CRP, Owner and its representatives make no representation or warranty, express or implied, ... In

FOR MORE INFORMATION PLEASE CONTACTTony Hanna | Hance JonesRetail Specialist | Retail Specialist803.422.5071 | [email protected] | [email protected]

Carolinas Retail Partners | 701 Gervais Street | Suite 150-151 | Columbia, SC 29201

110 Dutchman Boulevard - NNN Biopharma InvestmentColumbia, South Carolina

•State-of-the-art Biopharma (expansion space)

•Market Leading Tenant •10-year term – 2% ANNUAL INCREASES•Two (2) Five (5) year renewal options•3,000 SF•2020 complete renovation•Office park location - Well located off major

thoroughfares, proximal to leading retail corridor and medical facilities

•Minimal Landlord Responsibility – Exterior Walls/Foundation only

•$68,730 NOI (Year 1) – 7.25% CAP*Prospective purchaser shall conduct its own due diligence. The information contained herein does not contain all the information a prospective purchaser may desire. Additional information and an opportunity to inspect the property will be made available to interested, qualified prospective purchasers. CRP, Owner and its representatives make no representation or warranty, express or implied, as to accuracy or completeness of this information and no legal commitments or obligations shall rise by reason of the contents herein.

*110 Dutchman Lab/Clean Room under construction (photo from Tenant’s nearby facility)

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MISSION STATEMENTAt Integrated Micro-Chromatography Systems (IMCS), we strive to address the growing needs of clinical and research laboratories through innovative technologies and custom solutions that increase testing efficiency. We understand the importance of accuracy, which is why we are committed to delivering to our customers products that consistently provide fast, reliable results. We emphasize safety and security for employees, customers and communities at all times. We communicate with candor in a productive manner to foster teamwork and creativity.IMCS products help to pave the way for the future of precision medicine.

ENABLING PRECISION MEDICINESegmenting samples from body fluids enables scientists and doctors to obtain a greater depth of knowledge about how your body is reacting to a drug regimen. For instance, after administering a drug, how do we know exactly what your body does with the drug? Is there enough drug in the body to treat your disease? As healthcare advances toward more customized medical care, obtaining a clear picture of the individual is crucial for implementing a proper therapeutic regimen. The concept of matching a treatment regimen to an individual’s biological profile is one aspect of what is often referred to as Precision Medicine. IMCS strives to address the growing needs of clinical and research laboratories through advanced technologies that increase testing efficiency and accuracy.

COMPANY HISTORYIMCS was founded in January 2013, by Andrew Lee, Qian Wang and William Brewer, three Ph.D. scientists from the University of South Carolina. Its rapid success stemmed from the company's unique technology, the founder's experience running companies (DPX Technologies and A&Q NanoDesigns) and support from the city of Columbia, the University of South Carolina and the local USC-Columbia incubator program.IMCS was a USC/COLA Technology Incubator company and the second tenant of USC IDEA labs. In October 2016, IMCS completed construction of its new state-of-the-art laboratory and administrative headquarters. The multi-million-dollar capital investment by IMCS in infrastructure and equipment has enabled the biotechnology facility and operations center in the Midlands region of South Carolina to increase production capabilities and to expand the development of future products. The added space has allowed IMCS to recruit talented scientists and staff and bring additional cutting-edge products to market. The company continues to grow its facilities in the greater Columbia area.IMCS creates, manufactures and distributes next-generation biotechnology products to clinical and forensic toxicology, academic research facilities, US Federal Government agencies and health science companies.Today, IMCS products are used to perform millions of tests monthly and serve more than 400 clients across the globe.

COMPANY GROWTHIn October of 2016 IMCS completed construction of its a 9,024 square foot state-of-the-art laboratory and administrative headquarters. The multi-million dollar capital investment by IMCS in infrastructure and equipment created a state-of-the-art biotechnology operations center in the Midlands, South Carolina. The facility was designed to increase production capability and to expand future products. In addition, the added space enables IMCS to recruit talented scientists and staff, and bring additional cutting edge products to market. IMCS invents, manufactures and distributes next generation biotechnology products to clinical, forensic toxicology, university research, US Federal Government agency and health science companies. Today IMCS products are used to perform millions of tests annually and serves over 400 clients across the globe.

TENANT INFORMATION – IMCS HTTP://IMCSTIPS.COM/

http://imcstips.com/

AERIAL AND LOCATOR MAP

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Harbison Area Retail

(3MM +/- SF)

Palmetto Parkridge Hospital

Moore OrthopedicLexington Medical

Parkridge Associates

Harbison State Forest

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SITE AERIAL

Du

tch

man

Bo

ule

vard

3,000 +/-SF

Dutch Fork Business Park(approximate area)

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Tenant’s nearby facility and lab space:

Future Clean Room/Lab Space

110 Dutchman (subject property – complete renovation)

Demographic Detail Report

110 Dutchman Blvd, Irmo, SC 29063

Radius 1 Mile 3 Mile 5 Mile

2019 Population By Race 5,548 38,812 98,201

White 2,857 51.50% 23,849 61.45% 56,440 57.47%

Black 2,229 40.18% 12,534 32.29% 35,724 36.38%

Am. Indian & Alaskan 25 0.45% 154 0.40% 325 0.33%

Asian 207 3.73% 1,201 3.09% 3,356 3.42%

Hawaiian & Pacific Island 25 0.45% 72 0.19% 177 0.18%

Other 204 3.68% 1,001 2.58% 2,179 2.22%

Population by Hispanic Origin 5,548 38,812 98,201

Non-Hispanic Origin 5,322 95.93% 37,473 96.55% 94,408 96.14%

Hispanic Origin 226 4.07% 1,339 3.45% 3,793 3.86%

2019 Median Age, Male 32.30 36.50 35.90

2019 Average Age, Male 34.70 37.60 36.80

2019 Median Age, Female 37.30 41.20 38.60

2019 Average Age, Female 38.00 40.40 38.70

2019 Population by OccupationClassification

4,455 31,610 79,277

Civilian Employed 2,998 67.30% 21,131 66.85% 50,321 63.47%

Civilian Unemployed 116 2.60% 646 2.04% 1,817 2.29%

Civilian Non-Labor Force 1,326 29.76% 9,756 30.86% 27,008 34.07%

Armed Forces 15 0.34% 77 0.24% 131 0.17%

Households by Marital Status

Married 939 7,781 17,482

Married No Children 556 4,660 10,125

Married w/Children 382 3,121 7,357

2019 Population by Education 3,865 27,866 70,466

Some High School, No Diploma 115 2.98% 1,522 5.46% 5,475 7.77%

High School Grad (Incl Equivalency) 601 15.55% 5,752 20.64% 14,737 20.91%

Some College, No Degree 1,195 30.92% 8,000 28.71% 20,498 29.09%

Associate Degree 295 7.63% 1,832 6.57% 4,785 6.79%

Bachelor Degree 1,014 26.24% 6,918 24.83% 15,773 22.38%

Advanced Degree 645 16.69% 3,842 13.79% 9,198 13.05%

Copyrighted report licensed to Carolinas Retail Partners - 381797.1/28/2020

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Population

2024 Projection 5,665 39,984 102,734

2019 Estimate 5,548 38,812 98,201

2010 Census 5,691 39,107 90,830

Growth 2019 - 2024 2.11% 3.02% 4.62%

Growth 2010 - 2019 -2.51% -0.75% 8.12%

2019 Population by Age 5,548 38,812 98,201

Age 0 - 4 335 6.04% 2,062 5.31% 5,563 5.66%

Age 5 - 9 332 5.98% 2,183 5.62% 5,876 5.98%

Age 10 - 14 339 6.11% 2,374 6.12% 6,095 6.21%

Age 15 - 19 437 7.88% 2,916 7.51% 6,947 7.07%

Age 20 - 24 535 9.64% 3,243 8.36% 8,039 8.19%

Age 25 - 29 409 7.37% 2,493 6.42% 6,992 7.12%

Age 30 - 34 387 6.98% 2,257 5.82% 6,583 6.70%

Age 35 - 39 396 7.14% 2,356 6.07% 6,672 6.79%

Age 40 - 44 358 6.45% 2,346 6.04% 6,350 6.47%

Age 45 - 49 350 6.31% 2,562 6.60% 6,694 6.82%

Age 50 - 54 342 6.16% 2,644 6.81% 6,659 6.78%

Age 55 - 59 343 6.18% 2,730 7.03% 6,621 6.74%

Age 60 - 64 308 5.55% 2,549 6.57% 5,879 5.99%

Age 65 - 69 260 4.69% 2,222 5.73% 4,904 4.99%

Age 70 - 74 186 3.35% 1,680 4.33% 3,623 3.69%

Age 75 - 79 110 1.98% 1,032 2.66% 2,214 2.25%

Age 80 - 84 66 1.19% 624 1.61% 1,347 1.37%

Age 85+ 57 1.03% 540 1.39% 1,144 1.16%

Age 65+ 679 12.24% 6,098 15.71% 13,232 13.47%

Median Age 35.00 39.00 37.30

Average Age 36.40 39.00 37.80




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2019 Households by HH Income 2,394 15,552 37,814

<$25,000 281 11.74% 1,815 11.67% 6,201 16.40%

$25,000 - $50,000 711 29.70% 3,722 23.93% 9,085 24.03%

$50,000 - $75,000 627 26.19% 3,586 23.06% 7,380 19.52%

$75,000 - $100,000 361 15.08% 2,895 18.61% 5,895 15.59%

$100,000 - $125,000 258 10.78% 1,526 9.81% 3,561 9.42%

$125,000 - $150,000 53 2.21% 787 5.06% 2,034 5.38%

$150,000 - $200,000 67 2.80% 709 4.56% 2,042 5.40%

$200,000+ 36 1.50% 512 3.29% 1,616 4.27%

2019 Avg Household Income $66,570 $77,519 $77,766

2019 Med Household Income $56,406 $63,559 $60,091

2019 Occupied Housing 2,393 15,553 37,815

Owner Occupied 1,323 55.29% 11,636 74.82% 24,492 64.77%

Renter Occupied 1,070 44.71% 3,917 25.18% 13,323 35.23%

2010 Housing Units 2,611 16,790 40,525

1 Unit 1,747 66.91% 13,734 81.80% 27,833 68.68%

2 - 4 Units 11 0.42% 643 3.83% 2,276 5.62%

5 - 19 Units 449 17.20% 1,335 7.95% 7,049 17.39%

20+ Units 404 15.47% 1,078 6.42% 3,367 8.31%

2019 Housing Value 1,323 11,635 24,491

<$100,000 248 18.75% 1,614 13.87% 3,636 14.85%

$100,000 - $200,000 847 64.02% 7,815 67.17% 13,299 54.30%

$200,000 - $300,000 177 13.38% 1,569 13.49% 4,240 17.31%

$300,000 - $400,000 21 1.59% 218 1.87% 1,481 6.05%

$400,000 - $500,000 0 0.00% 168 1.44% 725 2.96%

$500,000 - $1,000,000 9 0.68% 227 1.95% 1,024 4.18%

$1,000,000+ 21 1.59% 24 0.21% 86 0.35%

2019 Median Home Value $148,819 $153,787 $164,737

2019 Housing Units by Yr Built 2,640 17,053 41,479

Built 2010+ 36 1.36% 1,086 6.37% 4,636 11.18%

Built 2000 - 2010 360 13.64% 2,611 15.31% 6,496 15.66%

Built 1990 - 1999 1,161 43.98% 4,144 24.30% 7,970 19.21%

Built 1980 - 1989 782 29.62% 3,771 22.11% 8,326 20.07%

Built 1970 - 1979 214 8.11% 3,856 22.61% 9,544 23.01%

Built 1960 - 1969 48 1.82% 1,187 6.96% 3,359 8.10%

Built 1950 - 1959 19 0.72% 254 1.49% 687 1.66%

Built <1949 20 0.76% 144 0.84% 461 1.11%

2019 Median Year Built 1991 1987 1987


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2019 Population by Occupation 5,510 39,421 94,167

Real Estate & Finance 259 4.70% 2,060 5.23% 4,390 4.66%

Professional & Management 1,625 29.49% 11,016 27.94% 26,955 28.62%

Public Administration 153 2.78% 1,780 4.52% 4,138 4.39%

Education & Health 749 13.59% 5,149 13.06% 12,545 13.32%

Services 490 8.89% 3,350 8.50% 8,404 8.92%

Information 15 0.27% 358 0.91% 996 1.06%

Sales 831 15.08% 5,868 14.89% 13,581 14.42%

Transportation 31 0.56% 119 0.30% 416 0.44%

Retail 335 6.08% 2,554 6.48% 5,917 6.28%

Wholesale 40 0.73% 523 1.33% 1,201 1.28%

Manufacturing 209 3.79% 1,655 4.20% 3,685 3.91%

Production 235 4.26% 1,916 4.86% 4,501 4.78%

Construction 183 3.32% 1,195 3.03% 2,614 2.78%

Utilities 141 2.56% 786 1.99% 2,444 2.60%

Agriculture & Mining 0 0.00% 13 0.03% 85 0.09%

Farming, Fishing, Forestry 0 0.00% 0 0.00% 2 0.00%

Other Services 214 3.88% 1,079 2.74% 2,293 2.44%

2019 Worker Travel Time to Job 2,973 20,296 48,260

<30 Minutes 1,994 67.07% 14,307 70.49% 34,244 70.96%

30-60 Minutes 865 29.10% 5,083 25.04% 11,872 24.60%

60+ Minutes 114 3.83% 906 4.46% 2,144 4.44%

2010 Households by HH Size 2,456 15,663 34,489

1-Person Households 810 32.98% 4,190 26.75% 9,554 27.70%




5-Person Households 117 4.76% 869 5.55% 1,870 5.42%

6-Person Households 43 1.75% 279 1.78% 603 1.75%

7 or more Person Households 20 0.81% 126 0.80% 295 0.86%

2019 Average Household Size 2.30 2.50 2.40

Households

2024 Projection 2,445 16,036 39,719

2019 Estimate 2,394 15,553 37,815

2010 Census 2,456 15,663 34,489

Growth 2019 - 2024 2.13% 3.11% 5.04%

Growth 2010 - 2019 -2.52% -0.70% 9.64%


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Documents

110 Dutchman Boulevard - NNN Biopharma Investment Columbia, … · 2020-02-21 · CRP, Owner and its representatives make no representation or warranty, express or implied, ... In