Overview

Description

This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Blackburg, South Carolina.

This is a new 15 year lease calling for zero landlord obligations. The tenant has ve, 5 year renewal options with 5% increases. Boasting a recently constructed structure showcasing a standard masonry front and three metal sides, the store ocially opened its doors in December 2023. Its advantageous positioning along U.S. Route 29, within the Spartanburg/Greenville/Anderson Combined Statistical Area, ensures noteworthy locational benets for the property.

Location Description. Blacksburg is a small town in Cherokee County, South Carolina, United States. The communities of Cherokee Falls, Kings Creek, Cashion Crossroads, Buffalo, and Mount Paran are located near the town.

Highlights

• NEW 15 YEAR ABSOLUTE NNN LEASE
• 100% FEE SIMPLE INTEREST
• ZERO LANDLORD OBLIGATIONS
• SCHEDULED INCREASES IN RENT
• CORPORATE GUARANTY
• QUALITY NEW CONSTRUCTION WITH STANDARD MASONRY FRONT AND 3 METAL SIDES
• 30 MINUTES FROM SPARTANBURG

Documents

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