commercial real estate property for sale mcalister’s square greenwood south carolina nnn single tenant

20-Year Absolute NET-LEASED Retail Center (NNN)

place 529 By-pass 72 NW, Greenwood, SC 29649

SHARE LISTING    


EXECUTIVE SUMMARY

LIST PRICE $2,721,923
CAP RATE 7.75%
INCREASES 10% Every 5 Years
LEASE TERM 20 Years
LOT SIZE 1.7 ACRES
TYPE OF OWNERSHIP Fee Simple
GUARANTY Franchisee Plus Personal

INVESTMENT DESCRIPTION

The Ben-Moshe Brothers of Marcus & Millichap are pleased to offer this unique opportunity to own a Net-Leased Retail property paired with a 20-Year Master Absolute Net Lease with zero landlord responsibilities. This asset provides an investor with the benefits of a Single Tenant asset paired with the diversification of a Multi-Tenant property.

INVESTMENT HIGHLIGHTS

    20-YEAR ABSOLUTE-NET MASTER LEASE
    Guaranty: Full Term $25m Personal Guaranty Plus 64-unit QSR Corporation for Entire Property And Net Operating Income
    No TI, NO Expenses, NO Management Required For 20 Years
    Absolute Triple-Net (NNN)
    Zero Landlord Responsibilities
    10% Rent Escalations Every 5 Years
    On Main Retail Corridor – Directly Across Walmart
    Adjacent To Brand New Ross, Kohl’s, Petsmart & More
    Directly In Front Of Fairfield Inn By Marriott
    Minutes From Greenwood Mall
    Minutes From Lander University - Over 3,000 Students
    Experienced Franchisee With Over 70 Stores
    Well Diversified Investment With Plenty Of Upside
    Convenient Ingress And Egress
    Single-Tenant Net-leased Asset With Long Term Multi-tenant Component

Exclusive Listing


the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Roee Ben-Moshe
  786-522-7083
  404-683-8383
  Email

the ben-moshe brothers of marcus millichap commercial real estate nnn caprates bmb roee ben moshe leeor ben moshe
Leeor Ben-Moshe
  786-522-7059
  404-307-7515
  Email

Need Financing?

For New Listings