Dollar General

$ 1,866,625Barnwell, SC

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Property Details

FOR SALE

36 Seay Street

Barnwell, SC

PRICE$1,866,625
CAP RATE6.4%
NOI$120,744
LEASE TERM15-Years
LEASE TYPENNN Lease
RENTAL INCREASES5% every 5th Year
RENEWAL OPTIONS(5) 5-Year Options
BUILDING SIZE10,640 SF
DELIVERY DATEApril 2024
OPENING DATEMid April 2024 (Estimated)
MUNICIPALITYBarnwell County
GUARANTORCorporate
PROTOTYPEStandard

Highlights:

  • New Lease Structure: 5% rent increases every five (5) years
  • Conveniently located on a commuter corridor capturing the commuter traffic into Barnwell and the surrounding housing.
  • Traffic count of 7,500 Vehicles Per Day (VPD)
  • Brand New Construction
  • New LED Lighting Interior & Exterior
  • NNN – Zero Landlord Responsibilities
  • Fifteen (15) year initial term NNN lease
  • Five 5-year options
  • Opening by Mid-April 2024