Overview
- Updated On:
- November 22, 2021
- 62,799.00 ft2
Description
- Food Lion Anchored Shopping Center | BI-LO Conversion | Junior Anchored by O’Reilly Auto Parts
- 712-718 S Alabama Ave, Chesnee, SC 29323
- 8 Years Remaining on Food Lion NNN Lease | 7 Years Remaining on O’Reilly’s NNN Lease
- 98% Occupied | Owner Will Lease Back 6,000 SF Vacant Suite if Desirable and Will Vacate with 45 Days Notice
- Value Add for New Owner by Leasing Up Vacancies
- Corporate Guarantees by Investment Grade Tenants Comprising 84% of the GLA
- New Roofs for O’Reilly’s, Food Lion, and H&R Block in 2020, 2019, and 2017, Respectively | 10+Year Warranties on All New Roofs
- NOI: $228,058
- Cap Rate: 7.13%
Address: 712-718 S Alabama Ave
City: Chesnee
State/County: South Carolina
Zip: 29323
Country: United States
Property Id: 19627
Price: $ 3,100,000
Property Size: 62,799.00 ft2
Price/SF: $49.36
Cap Rate: 7.3%
Building Size: 62,799 SF
Rentable Area: 62,799 SF
Lot Size: 5.58 Acres
# of Units: 6 Suites
Year Built: 1986/2002







Mon 06 Oct
Tue 07 Oct
Wed 08 Oct
Thu 09 Oct
Fri 10 Oct
Sat 11 Oct
Sun 12 Oct
Mon 13 Oct
Tue 14 Oct
Wed 15 Oct