Brand New Tractor Supply Store
2169 West Bobo Newsom Highway, Hartsville, SC
For Sale
Retail
Free Standing
$5,967,000
Price
5.75%
Cap Rate
$343,095
NOI
Overview
Cap Rate
5.75%
NOI
$343,095
Building Size
22,433 sqft
Lot Area
4 acres
Occupancy
100%
Class
A
Lease Type
Triple Net
Year Built
2023
Zoning
commercial
Parking Spots
60
Construction Status
completed
Roof
15 year roof warranty
HVAC
Tenant Responsibility
Floor
single
Lease Expire Year
2039
Description
Located in Hartsville, SC which is the world headquarters of Sonoco, a Fortune 500 company . It has an initial 15 year corporate guaranteed, NN+ lease with 5% increases every 5 years. There are also 4 five year options. The landlord is responsible for the roof, structure and parking lot. Tractor Supply is responsible for the HVAC, CAM, taxes and insurance.
Highlights
- Brand New Construction
- 15 year Corporate Lease with No Early Termination
- Tractor Supply (S&P credit rating of BBB),
- 5% Rental Increase Every 5 Years