Overview
- Updated On:
- December 26, 2022
Description
-Family Dollar/Dollar Tree Combination Store | Family Dollar Conversion | 15 Year Operating History
-Corporate Guarantee | Investment Grade Credit Tenant | S&P: BBB | Moody’s: Baa2
-Tenant Just Signed New 5-Year Extension | NN Lease | Minimal Landlord Responsibilities
-Two, 5-Year Renewal Options Remaining | Rare 21% Rent Escalation at Next Option |10% Rent Escalation at Fourth and Final Option
-Other National Retailers Immediately Nearby Include McDonald’s, Burger King, and Dollar General | Over 100,000 Daytime Employees Within a 10-Mile Radius of the Discount Store
-20,200 Vehicles Per Day in Traffic Exposure via Sand Bar Ferry Rd | Roughly 8 Miles from Downtown Augusta, Georgia
Address: 1600 Sand Bar Ferry Rd, Beech Island
City: Beech Island
State/County: South Carolina
Country: United States
Open In Google MapsProperty Id : 20235
Price: $ 1,184,616
Price/SF: $129.04
Cap Rate: 6.50%
Rentable Area: 9,180 SF
Lot Size: 1.24 Acres
Year Built: 2007
Other Agents
Riley Harder
Investment Specialist
Since procuring his first investment property at the age of 26, Mr. Harder realized the im ...