400 E Pine Ave - Convenience Store FOR SALE


Mc Bee, SC 29101
$1,502,000 USD
864-235-6855
400 E Pine Ave, Mc Bee, SC for Sale
$1,502,000 USD
Convenience Store - FOR SALE
1/6
null | 7.4% Cap Rate

400 E Pine Ave
Mc Bee, SC 29101


OVERVIEW

Desirable Lease Terms: ±7.50 years remaining on a new 10-Year lease, with five, 5-year options remaining Combo Store: Family Dollar | Dollar Tree branded stores average 20% higher sales than Family Dollar alone, according to Dollar Tree Minimal Landlord Responsibilities: The lease structure is highly passive with minimal landlord obligations Corporate Lease: Over 16,000 store locations in 48 states with revenues in excess of $30.6 Billion Investment Grade Tenant: The Lease is Guaranteed by Dollar Tree, Inc., and boasts an S&P investment grade credit rating of BBB Located on Main Commercial Highway: The site faces the main 4-lane highway in McBee, SC High Demand Growth Market: South Carolina is a popular market for real estate investors looking to profit from the State’s rapid appreciation rates and strong economy due to the low cost of living, business friendly environment, right-to-work policies, abundant workforce, and overall high quality of life

FOR SALE DETAILS

PRICE

$1,502,000 USD

PRICE/SF

$143 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

29

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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