Listing Details
ASKING PRICE: $2,177,455
CAP RATE: 6.6%
NOI: $143,712
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
BUILDING TURNOVER: Estimated April 2025
RENTAL INCREASES: 5% every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 12,480 SF
LOT SIZE: 2 Acres
YEAR BUILT: 2025
TMS: 264-00-00-093
MUNICIPALITY: Kershaw County
GUARANTOR: Corporate
CONSTRUCTION TYPE: Standard Prototype
HIGHLIGHTS
· $108,577 Average Household Income (5-Mile Radius)
· The site is strategically convenient to the housing around the site and capturing the commuter traffic into Ridgeway and Lugoff.
· Traffic count on Ridgeway Road west of site is 3,200 VPD and 3,900 VPD east of site.
· 5% rent increases every five (5) years
· 8.7 miles from downtown Ridgeway and Interstate 77.
Property Photos
