Cap Rate: 6.65%
Net Operating Income: $91,260
Lot Size: 2.00 AC
This is the unique opportunity t o purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Inman (Spartanburg), South Carolina.
This is a new 15 y ear lease calling for zero landlord obligations.The tenant has five 5 year renewal options with 10% increases. The
building is newly constructed. This is an ideal opportunity for a passive
investor looking for a long-term stable investment.
Inman is a city in Spartanburg County, South Carolina. Inman is located in the Upstate region of South Carolina.
Greater Inman is within close proximity to the Spartanburg-Greenville-Asheville metroplex. Inman residents have access to nearby Lake Bowen that affords water recreational sports and fishing, and Inman is accessible by Interstate 26 and Interstate 85. The city contains a historic main street district, several houses of worship, and a school district.