Overview
- Updated On:
- June 29, 2023
Description
- Built in 2022 | 100% Leased to Dollar Tree Stores, Inc. | Corporate Guarantee
- Original NN Lease | Four, 5-Year Options to Renew with $0.50/SF Rent Escalations Occurring Each Period
- Approx. 9.75 Years of Term Remaining | Minimal Landlord Responsibilities
- Dollar Tree is a Fortune 500 Tenant with Investment Grade Credit BBB (S&P) | Baa2 (Moody’s)
- Ideally Located Less than 2-Miles of I-95 (34,900+ VPD) | Just Off of Old State Road (3,000+ VPD)
- Less than 5-Miles from Downtown Santee, South Carolina | Close Proximity to Orangeburg, SC
- Tenant Has Right of First Refusal if Landlord Receives Bona Fide Offer to Purchase
Address: 101 WILLIAM CLARK BLVD
City: SANTEE
State/County: South Carolina
Zip: 29142
Country: United States
Property Id: 20092
Price: $ 1,900,000
Cap Rate: 5.52%
Rentable Area: 9,993 SF
Lot Size: 1.78 Acres
Year Built: 2021
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Ani Paulson
Team Lead | Senior Director Investments
Ani Paulson and her team, focus on the analysis and disposition of office/industrial & ...