1125 Five Chop Rd
Orangeburg, SC
Price:
$1,080,278
Cap Rate:
8.25%
NOI:
$89,123
Building Size:
Approx. 10,542 Sq. Ft.
Lot Size:
Approx. 3.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Dollar Store
Year Built:
2011
Investment Overview
- 2011 Construction. 10,542+/- SF Building on 3.30+/- Acre Site
- 2.25 Yrs. of Lease Remaining on Complete NNN Lease w/ 10% Rental Increase in Option Periods and (5) 5-Year Options to Renew
- Located on Five Chop Road (18,538+ VPD) and Near Highway 178 (13,561+ VPD). Highway 178 runs from South Carolina to North Carolina and Gives Easy Access to U.S. Interstates 20 and 90.
- This Site is Only 1.5 Miles from South Carolina State University & 2 Miles from Orangeburg Municipal Airport
- 30,689 Residents Live w/in 5 Miles of the Location, 49,693 Live w/in 10 miles, and 65,219 Live w/in 15 Miles
- E-Commerce Resistant Retailer – Dollar General Planned to Open 1,050 Stores in 2023 After Adding Approximately 1,100 Stores in 2022
- Orangeburg | At Intersection of Major Highways Interstate 26 and US Route 301 | Population: 13,523+