Listing Details
PRICE: $2,514,409
CAP RATE: 6.6%
NOI: $165,951
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
RENTAL INCREASES: 5% Every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 12,480 SF
LOT SIZE: 3 Acres
DELIVERY DATE: November 18, 2024
MUNICPALITY: Sumter County
GUARANTOR: Corporate
PROTOTYPE: Standard
HIGHLIGHTS
· Strategically convenient to the vast residential population
· Centralized location at one of the main intersections
· 5 Mile Population - 22,000
· Bedroom community of Sumter, SC (9 miles away)
· Brand New Construction
· New LED Lighting Interior & Exterior
· NNN – Zero Landlord Responsibilities
· Fifteen (15) year initial term NNN lease
· 5% rent increases every five (5) years
· Five 5-year options
· Opening by Mid-April 2024