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$1,800,000
Est. payment /mo
75,358 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 75,358 sqft
Price per Sqft $23
MLS Listing ID 31006354
Year Built 2007
Lot Size 1.730 Acres
Acres 1.73
Property Sub-Type Retail
Property Description
Strong National Anchor Tenants - Anchored by Dollar Tree, publicly traded Fortune 500company with over 16,000 locations nationwide, and Papa John's Pizza a BB+ rated fran-chise with over 6,000 locations, providing stability and consistent foot traffic.High Occupancy Rate - 100% leased with a diverse tenant mix including service-based andretail businesses.Attractive Cap Rate - Competitive capitalization rate offering solid returns in a growingmarket.Long-Term Leases in Place - Multiple tenants on long-term, triple-net (NNN) leases, mini-mizing landlord responsibilities and ensuring steady cash flow.Strategic Location - Prime retail corridor with excellent visibility and access from Sumter'sbiggest economic driver, Shaw Air Force BaseDense Surrounding Demographics - Strong residential population and daytime workforcewithin a 1/3/5-mile radiusRecent Capital Improvements - Recent upgrades to Dollar Tree roofing, plaza signage, andPapa John's HVAC systemValue-Add Potential - Upside through capturing additional administrative fee on smallertenantsRecession-Resistant Tenants - Discount retailers and service-oriented businesses knownfor consistent performance in all market conditions.Low Management Responsibility - NNN or modified gross leases reduce ownership bur-dens and appeal to passive investors.
Location
State SC
County Sumter
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Listed by Jeffrey Davis • Coldwell Banker Comm/Atlantic
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