Overview
- Updated On:
- June 29, 2023
Description
- Newly Refitted/Renovated in 2021 | 100% Leased to Dollar Tree | Corporate Guarantee | Formerly a Fred’s Super Dollar
- 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)
- Strong Average Household Income | Over $65,000 within 1-Mile Radius
- Ideally Located on Highway 81 (6,000+ VPD) | Directly Across from Iva Fire Department
- Located Less than 15 Miles of Anderson | 45 Miles of Greenville | 50 Miles of Athens, GA
- Tenant Has Right of First Refusal if Landlord Receives Bona Fide Offer to Purchase
Property Id: 20083
Price: $ 1,360,000
Cap Rate: 5.6%
Rentable Area: 16,000 SF
Lot Size: 2.82 Acres
Year Built: 2007 | 2021 Refitted
Tue 28 Oct
Wed 29 Oct
Thu 30 Oct
Fri 31 Oct
Sat 01 Nov
Sun 02 Nov
Mon 03 Nov
Tue 04 Nov
Wed 05 Nov
Thu 06 Nov