Property Listing No Longer Available for Sale

1241 N Main Street, Sumter, SC

Retail for Sale - $1,115,000 - 9,014 Sq. Ft. on 1.41 acres


Property Info

CIMLS#911569
Location
  1241 N Main Street
  Sumter SC 29153
UpdatedJuly 25th, 2016
TypeRetail
Price$1,115,000
Building9,014 Sq. Ft.
Land1.41 acres

Property Description

Bull Realty is pleased to offer for sale this Dollar General in Sumter, South Carolina. It is located on Hwy 15 directly off of Hwy 378, which is the most trafficked Hwy through Sumter. This single tenant net lease property has a NN lease ending in 2024 with (5) 5 year renewal options. The landlord is responsible for roof and structure. This established and successful offering is priced at a 6.5% cap rate with an annual net income of $72,711. The subject property is a 9,014 SF, single tenant building situated on a 1.41 acre site. The site is in close proximity to Columbia, SC, home of The University of South Carolina.

- 9,014 SF store

- (5) 5 year renewal options

- 6.5% cap rate

- Current annual income of $72,711 with 3% increases

- Surrounded by highly trafficked retail

For more information, please contact Michael Bull or Will Jackel.

Michael Bull, CCIM

Bull Realty, Inc.

404-876-1640 ext. 101

Michael@BullRealty.com

Will Jackel

Bull Realty, Inc.

404-876-1640 ext. 173

WJackel@BullRealty.com


Financials



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