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Property Details
Absolute Net Investment in Greenville, SC MSA
15 year lease commenced Oct. 2015 - expires Oct. 20, 2030 Lease Options: 3 - 5 yr. options Absolute NNN - zero Landlord responsibilities CAP Rate: 5.75% (Oct. 15, 2020) NOI: $84,000 Current, $89,880 Oct. 15, 2020 7% escalations every 5 years $210,000 remodel completed in 2015 Lessee: Carolina Coastal Restaurants Lessee operates 7 units in South Carolina Very strong retail zone Well positioned at major thoroughfare Corner location with excellent visibility 0.5 miles from Anderson Mall
- Property TypeRetail
- Year Built2000
- Total Building Size2,640RSF
- Total Acres0.88
- Number of Floors1
- Property ID1263438
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