1359 Old Highway 6 - Storefront FOR SALE


Cross, SC 29436
$1,450,000 USD
332-345-4222
1359 Old Highway 6, Cross, SC for Sale
$1,450,000 USD
Storefront - FOR SALE
1/2
null | 7.05% Cap Rate

1359 Old Highway 6
Cross, SC 29436


HIGHLIGHTS

  • Double Net (NN) Lease with Minimal Landlord Responsibilities
  • Corporate Guarantee (NASDAQ: DLTR)
  • Limited Competition | The subject property is one of only two dollar stores in the immediate area.

OVERVIEW

NNN Pro is pleased to present the exclusive listing for a Family Dollar | Dollar Tree located at 1359 Old Highway 6, Cross, SC 29436. The site consists of roughly 9,180 rentable square feet of building space on an estimated 1.69-acre parcel of land. This Family Dollar | Dollar Tree is subject to a 10-year Double Net (NN) lease, which commenced 2/26/2019. The current annual rent is $102,200 and has scheduled increases in the option periods.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$158 USD /SF

CAP RATE

7.05%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar & Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2020

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

GC

APN/PARCEL ID

042-00-07-058

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.