480 Stonewall Jackson Blvd
Orangeburg, SC 29115

This is an opportunistic, almost 10 cap NNN investment of a Family Dollar built in 2015. The store is located on a ± 1-acre parcel on a signalized corner in Orangeburg, SC, approximately 40 miles southeast of Columbia, SC. The Family Dollar closed the store in April of 2019 with 11+ years remaining on the lease due to the negative impact on sales of the opening of a Walmart Neighborhood Market store nearby. The lease is guaranteed by Family Dollar and they continue to pay full rent and have full responsibility for all taxes, insurance, repairs & maintenance. This lease also has a rare structure whereby there are CPI increases, not to exceed 6%, every 3 years with one about to occur in August of 2019. There are also 6 five-year options. Though the store is "dark," this could be an investor opportunity to continue to collect rents and consider a future re-purposing of the store. Nearby retailers includes the Walmart Neighborhood Market, Dollar General and Edisto Village Shopping Center. This property is marketed in conjunction with Ten-X commercial. There will be a transaction fee charged through Ten-X.