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New Construction DG Lake City SC 6.60% 2090 Central Rd

10,640 SF Retail Building Lake City, SC 29560 £1,575,712 (£148/SF) 6.60% Net Initial Yield

Executive Summary

5% rent increases every five (5) years
The site is conveniently located to all housing around the site at one of the major residential intersections
Close to downtown Latta with several national retailers
5,800 VPD - Turbeville Hwy 1,200 VPD - Central Rd
One hour from Myrtle Beach SC - ranked again in 2024 as one of the fastest-growing cities and MSAs in the country
Located one hour from Columbia SC - the state capitol of SC
Brand New Construction
New LED Lighting Interior & Exterior
NNN – Zero Landlord Responsibilities
Building Opened at the end of July 2024

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Condition
Design & Build
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Year Built
2024
Price
£1,575,712
Price Per SF
£148
Net Initial Yield
6.60%
NOI
£103,997
Tenancy
Single
Number of Floors
1
Building FAR
0.14
Lot Size
1.76 AC
  • Listing ID: 33273087

  • Date on Market: 23/09/2024

  • Last Updated:

  • Address: 2090 Central Rd, Lake City, SC 29560

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