Supermarket For Sale • 11,159 SF
Tenant just Executed a 10 Year Lease Extension and Recently Converted the Store Into a Family Dollar/Dollar Tree Combo Store |
Dollar Tree Has a Bond Rating of Baa2 (Moody's) and BBB (S&P), Making it an Investment Grade Tenant; This Makes For a Stabilized Investment For a New |
Tenant Also Has a Significant Rent Bump in Year 5, Increasing the New Owner Cash Flow |
A New Owner Can Also Benefit From Bonus Depreciation Due to the Property Being a Leasehold Interest |
The Property Sits Conveniently Along Broad Street in Loris That Sees 10,951 Vehicles Per Day; the Site Also Has Excellent Visibility From the Road |
The Property's Ground Lease Has Over 10 Years Remaining With an Expiration Date of 10/31/2033 |
Airport | Drive | Walk | Distance |
---|---|---|---|
Myrtle Beach International | 54 min | - | 35.5 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 400 |
Type: | Surface |
Included in Rent: | Yes |