Listing Details

PRICE: $2,120,727
CAP RATE: 6.6%
NOI: $139,968
DELIVERY: February 5, 2024
LEASE TERM: 15-Years
LEASE TYPE: NNN Lease
RENTAL INCREASES: 5% every 5th Year
RENEWAL OPTIONS: (5) 5-Year Options
BUILDING SIZE: 10,640 SF
LOT SIZE: 2.3 Acres
YEAR BUILT: 2025
TMS: 061 000 000 299
MUNICIPALITY: Chesterfield County
GUARANTOR: Corporate
CONSTRUCTION TYPE: Standard Prototype
HIGHLIGHTS
· 5% rent increases every five (5) years
· NNN – Zero Landlord Responsibilities
· Opening in February 2025
· 3.7 Miles to downtown Pageland
· 12,300 VPD
· Highway 9 connects Pageland to Mt Croghan, Ruby, Chesterfield and Lancaster
· Brand New Construction
· New LED Lighting Interior & Exterior