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901 W Front St, Iva, SC, 29655

Family Dollar

$1,009,745

Key Information

Cap Rate
8.25%
Tot. SF
9,180
Lot Size
0.75 Acres
Type
Retail
NOI
$83,304

Highlights

• Corporate Guaranteed Lease – Family Dollar operates under a corporate guaranteed lease, providing investors with income backed by an established national discount retail tenant.
• Double Net (NN) Lease – Tenant is responsible for property taxes, insurance, and routine maintenance, limiting landlord obligations to the roof and structure.
• Two, 5-Year Renewal Options – Approximately 3.5 years remaining on the primary lease term, with two additional 5-year renewal options providing up to 10 years of potential additional occupancy.
• Established Retail Location – Built in 2006, the ±9,180 SF building sits on approximately 0.75 acres and has served the Iva community for nearly two decades.
• Strategic Upstate South Carolina Location – Situated along West Front Street in Iva, SC, serving the surrounding Anderson County communities.

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 105710, 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave, Ste. 1500 Nashville, TN 37203