21420 Hwy 221 N
Laurens, SC
Price:
$6,851,000
Cap Rate:
5.10%
NOI:
$349,375
Building Size:
Approx. 4,079 Sq. Ft.
Lot Size:
Approx. 12.3 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built:
2020
Investment Overview
- 2020 Construction. 4,079+/- SF Building on 12.30+/- Acre Site
- 10 Years Remaining on Abs. NNN Lease with 7.5% Rental Increases Every 5 Years in both the Primary Term and (4) 5-Year Options
- Attractive Tax Advantages via reinstated Bonus Depreciation
- High Speed Diesel Facility with 7 Diesel Lanes and 16 Regular Pump Handles
- High Traffic Interstate Location – Laurens, SC sits along I-385 between Greenville, SC and Columbia, SC
- 7-Eleven Is the Largest Convenience Retailer in the World with 85,000+ Stores in 20 Countries
- Laurens | Regional Hub for Commerce, Culture, and Community Gatherings | Population: 9,373+