Listing Details
2090 Central road, Lake City, SC
PRICE: $2,013,818
CAP RATE: 6.6%
NOI: $132,912
DELIVERY: July 11, 2024
OPENING DATE: July 30, 2024
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
RENTAL INCREASES: 5% every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 10,640 SF
LOT SIZE: 1.76 Acres
YEAR BUILT: 2024
TMS: 00071-03-001
MUNICIPALITY: Florence County
GUARANTOR: Corporate
CONSTRUCTION TYPE: Standard Prototype
HIGHLIGHTS
· 5% rent increases every five (5) years
· The site is conveniently located to all housing around the site at one of the major residential intersections.
· 5,800 VPD - Turbeville Hwy 1,200 VPD - Central Rd
· Brand New Construction
· New LED Lighting Interior & Exterior
· NNN – Zero Landlord Responsibilities
· 5% rent increase every five (5) years
· Building turns over Dollar General July 11, 2024
Property Photos
