Listing Details

PRICE: $2,270,757
CAP RATE: 6.6%
NOI: $149,870
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
OPENING DATE: Mid April 2025
RENTAL INCREASES: 5% every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 10,640 SF
LOT SIZE: 2.2 Acres
PARKING SPACES: 35 Spaces
GUARANTOR: Corporate
HIGHLIGHTS
· 5% rent increase every five (5) years
· 10-mile population is 13,691
· Full access on Main Highway
· Centrally located to housing and vast residential trade area
· Opened for business Mid April 2025
· 10,640 SF
· 0.43 Miles to Richland Carol Elementary
· 1.5 miles from downtown Bamberg
· Brand New Construction
· New LED Lighting Interior & Exterior
· NNN – Zero Landlord Responsibilities
· 15-Year initial term NNN lease
· Five (5) year options