Investor's Special!! Enjoy a 10-year Lease with multiple property physical improvements prior to the tenant taking possession. Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
MLS# | 2322019 |
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Listing Type | For Sale |
Style | Office Building |
Sub-Type | Resale |
Status | Active |
Days On Site | 346 |
Listing Provided By | Marek Property Advisors | Skip Corn |
N/A | 4,760 |
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Story(s) | 1 |
Units | 1 |
Zoning | GC |
Acreage | 1.00 |
State | SC |
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County | Georgetown |
City | Georgetown |
Zip Code | 29440 |
Area | 46A Georgetown Area includes city of Georgetown |
Listing VS Median (in 29440) | |
Price: $720,000 low | high Med: $389,995 SqFt: 4,760 low | high Med: 1,479 $ / SqFt: $151 low | high Med: $270 On Site: 346 low | high Med: 141.500000 |