3967 Highway 378, Leesville, SC

3967 Highway 378, Leesville, SC

PRICE : $2,279,454

CAP RATE: 6.6%

NOI: $150,444

ESTIMATED DELIVERY: September 2024

OPENING DATE: September 2024

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: 2.31 Acres

YEAR BUILT: 2024

TMS: 003000-05-072   

MUNICIPALITY: Lexington County

GUARANTOR: Corporate

CONSTRUCTION TYPE: Standard Prototype

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HIGHLIGHTS

· 5% rent increases every five (5) years

· NNN – Zero Landlord Responsibilities

· 5 Mile Population is 8,700

· Five Mile Average Household Income: $110,666

· Anticipated Opening is September 2024

· Brand New Construction

· New LED Lighting Interior & Exterior

· Conveniently located to residents living around the site.

· Site gets commuter traffic into Lake Murray, Leesville and Lexington.