101 S Live Oak Dr - Service Station FOR SALE


Moncks Corner, SC 29461
$2,318,000 USD
954-302-7365
101 S Live Oak Dr, Moncks Corner, SC for Sale
$2,318,000 USD
Service Station - FOR SALE
1/11
null | 5% Cap Rate

101 S Live Oak Dr
Moncks Corner, SC 29461


HIGHLIGHTS

  • 7+ Years Remaining | Annual Rental Increases | Established Brand
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Dense Retail Corridor | Strong National/Credit Tenant Presence | Nearby School & Moncks Corner Medical Center
  • Signalized, Hard Corner Intersection | Excellent Visibility & Access
  • Strong Demographics in 5-mile Trade Area

OVERVIEW

• The tenant currently has 7+ years remaining on their initial lease with 5 (5-year) options to extend, demonstrating their commitment to the site • The lease features 1.04% annual rental increases throughout the initial term and options thereafter, growing NOI and hedging against inflation • 7-Eleven, Inc. is the premier name in the U.S. convenience-retailing industry. Based in Irving, Texas, 7-Eleven operates, franchises and/or licenses more than 14,000 stores in the U.S. and Canada

FOR SALE DETAILS

PRICE

$2,318,000 USD

PRICE/SF

$966 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven | 7+yrs Corp Abs NNN w/ Annual Incrs

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

C-2

APN/PARCEL ID

142-07-03-001

ASK ABOUT THIS PROPERTY

Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

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Patrick NuttSRS Real Estate PartnersMore Info
954-302-7365

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.