First half 2020 net lease sector volume slows due to Coronavirus restrictions
Sales Recap: H2 2009-H1 2020
- Since the second quarter of 2009, drug stores sales volume was the highest of all of the sectors with approximately $400 million in sales transactions.
- From the second quarter of 2009 to the first quarter of 2020, dollar stores lead the South Carolina single tenant net lease market in number of sales. There were 176 dollar store sale transactions during the first half of 2020 throughout the state.
First Half 2020
- There were 15 overall sale transactions throughout the state during the first half of 2020.
- QSR/Fast Food led sale transactions in South Carolina, completing six sales during the first half of 2020; however, due to the Coronavirus restrictions placed on businesses in March, many retailers were forced to close temporarily to ensure the safety of customers.
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