Sleep Number NN Asset Retail Mount Pleasant South Carolina

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Investment Offering

Tenant: Sleep Number | Mount Pleasant, SC
Premises: 3,500 SF
Renewal Options: 2 x 5 Years Options

Lease Expiration: 06/30/2029
Lease Type: NN
Rental Increases: Rent Increases 10% at Options

Sands Investment Group is Pleased to Exclusively Offer For Sale the 3,500 SF Sleep Number NN Asset Located at 1767 North Highway 17 in Mount Pleasant, SC. This Deal Includes a New Construction With a Corporate Guaranteed Lease. The Lease Has Minimum Landlord Responsibilities and Strong Rental Increases, Providing For a Secured Investment.

New Construction 4+ Years Remaining With Two (5 Year) Options
Corporate Guaranteed Lease – (NASDAQ: SNBR)
Strong Rental Increases – 10% At Options
Double Net (NN) Lease With Minimum Landlord Responsibilities
Wealthy Demographics With an Average Household Income of $154,447 and a Population of 89,935 Residents Within 5-Miles
Superior Location on North Hwy 17 – Sees Over 51,000 VPD
Located Directly Across From Indigo Square and Adjacent to Mount Pleasant’s Town Center
Charleston, SC Voted Number 1 City in the U.S. and Number 2 City in the World By Conde De Nast
Nearby Retailers Include: Publix GreenWise Market, Club Pilates, Corepower Yoga, Boxcar Betty’s, AT&T, Lowe’s, Belk, Regal Cinemas, Athleta, Lulu Lemon, Francesca’s, Bed Bath and Beyond, Ulta, Victoria’s, Secret, Old Navy, Gap, Barnes & Nobles, Pier 1 Imports, Longhorn Steakhouse, Raising Cane’s and More

In Cooperation With Sands Investment Group Charleston, LLC Lic. #20891 BOR: Chris Sands Lic. SC #93103

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Tenant Overview

SLEEP NUMBER

Sleep Number Corporation is an American manufacturer that makes the Sleep Number and Comfortaire beds, foundations and bedding accessories. The company is based in Minneapolis, Minnesota. In addition to its Minnesota headquarters, Sleep Number has manufacturing and distribution facilities in South Carolina and Utah. Sleep Number® smart beds integrate physical and digital innovations for unparalleled comfort; they automatically respond to the needs of each sleeper with ideal firmness, position and temperature benefits. We are guided by our purpose to improve the health and wellbeing of society through higher quality sleep. This is demonstrated through lifelong relationships with millions of highly engaged Smart Sleepers and partnerships with global research institutions who use our 27 billion hours of longitudinal data to study sleep’s impact on health. Furthermore, our purpose is exemplified through 4,000 mission-driven team members; they passionately innovate to drive value creation through our vertically integrated business model, including exclusive direct-to-consumer selling in over 650 stores and online.

Area Overview