Available For Sale - Retail

1,720 SF | Show Pricing $

AVAILABILITY DETAILS

Size
1,720 SF
Price/SF
Show Pricing $
Listing ID
SA398549
Notes
"

Cap Rate 6.25%

NOI $85,272

Building Size 1,720 sqft

Lot Area 1.54 acres

Lease Type Triple Net

Year Built1996

Price Per Sqft $793.23

Roof & Structure Tenant’s Responsibility

HVAC Tenant’s Responsibility

Repairs & Maintenance Tenant’s Responsibility



Corporate Triple Net (NNN) Lease With 5 Years Remaining

24 Year Operating History and a Recent Extension of 5 More Years Demonstrates Commitment to This Site

Strong Corporate Guarantor: 2nd Largest Convenience Store Operator in the World, Behind 7-Eleven, Alimentation Couche-Tard; $51.4 Billion in Annual Revenue and Rated BBB By S&P

Rare CPI Increases Every 5 Years Provides an Excellent Hedge Against Inflation

Population of Over 15,494 Residents Making an Average Household Income of $54,094 Within a 10-Mile Radius

Close Proximity to Lake Marion and Lake Moultrie, the 1st and 3rd Largest Lakes in South Carolina, Respectively, Which Drives Significant Seasonal Traffic Through This Immediate Trade Area

"
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
William Hartshorn, Sands Investment Group