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Dollar General

1907 Riveroak Road, Chesnee, SC 29323, USA
$1,372,331 6.65% Cap 9,100 sq ft Built 2018 Representative Photo Print This Page

Location

1907 Riveroak Road, Chesnee, SC 29323, USA

Price: $1,372,331
Cap Rate: 6.65%
Net Operating Income: $91,260
Square-Footage: 9,100
Lot Size: 2.00 AC
Market: Spartanburg

100% Fee Simple InterestCorporate GuaranteeExcellent Investment OpportunityInvestment Grade CreditLocated on a Major Commercial ThoroughfareLong Term NNN LeaseNewly RenovatedS&P Rated BBBScheduled IncreasesZero Landlord Obligations

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.

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Kase Abusharkh Founding Principal View profile
Jacob Abusharkh Managing Principal View profile

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