Annual Rent: $117,096
Square Footage: 9,100
Year Built: 2021
This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Simpsonville, South Carolina. This location is excellent real estate right along the highway and just off the freeway.
This is a new 15 year lease calling for zero landlord obligations. The tenant has five 5 year renewal options with 10% increases. The building is upgraded brick on two sides. This is an ideal opportunity for a passive investor looking for a long-term stable investment.
Simpsonville is a city in Greenville County, South Carolina, United States. It is part of the Greenville–Mauldin–Easley Metropolitan Statistical Area. The population was 18,238 at the 2010 census, up from 14,352 in 2000. The population had risen to an estimated 24,221 as of 2019. Simpsonville is part of the "Golden Strip", along with Mauldin and Fountain Inn, an area which is noted for having low unemployment due to a diversity of industries including Para-Chem, KEMET, Sealed Air and Milliken.