3711 Farrs Bridge Rd | Easley, SC 29640
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3711 Farrs Bridge Rd
Easley, SC 29640
Dollar General - Greenville MSA · Retail Property For Sale
Investment Highlights
- Dollar General has been at this location for 19+ years
- Strategically located on Farrs Bridge Road (traffic counts ±11,148 VPD)
- Currently in Dollar General’s second option period
- Less than 10 miles from Downtown Greenville
Executive Summary
DOLLAR GENERAL CORPORATE LEASE
• Approximately 5 years remaining on the existing lease term
• 2 Five-year option periods with 5% rent increases
NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES
• Landlord responsibilities limited to roof, structure, HVAC and parking lot
• Tenant is responsible for all repairs less than $500 per occurrence
• Approximately 5 years remaining on the existing lease term
• 2 Five-year option periods with 5% rent increases
NN LEASE | MINIMAL LANDLORD RESPONSIBILITIES
• Landlord responsibilities limited to roof, structure, HVAC and parking lot
• Tenant is responsible for all repairs less than $500 per occurrence
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,100 SF
Building Class
B
Year Built
2005
Price
£666,961
Price Per SF
£73
Net Initial Yield
6.25%
NOI
£41,685
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
0.89 AC
Parking
45 Spaces (4.95 Spaces per 1,000 SF Leased)
Frontage
191 ft on Farrs Bridge Road
PROPERTY TAXES
Parcel Number | 5131-02-86-9102 | Improvements Assessment | £42,347 |
Land Assessment | £4,718 | Total Assessment | £47,065 |
PROPERTY TAXES
Parcel Number
5131-02-86-9102
Land Assessment
£4,718
Improvements Assessment
£42,347
Total Assessment
£47,065
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