Prime Investment Opportunity
• Anchor Tenants: Tractor Supply Company and Planet Fitness, both nationally recognized brands with strong customer loyalty and robust credit profiles. Both leases are corporately guaranteed.
Long-Term Leases
• Tractor Supply: Recently signed a 10-year extension through December 31, 2034.
• Planet Fitness: Operating under a 12-year lease that commenced in May 2021.
• Scooter’s Coffee: A 12-year ground lease starting April 2024, providing passive income with no landlord maintenance responsibilities.
Minimal Landlord Responsibilities
• Triple-Net (NNN) Lease Structure: Tenants reimburse for all operating expenses, including taxes, insurance, and maintenance, except for limited capital expenses related to Tractor Supply and Planet Fitness.
• Ground Lease with Scooter’s Coffee: Eliminates landlord obligations, providing fully passive income.
Well-Maintained Asset
• LED Lighting Upgrades: Improve energy efficiency and enhance the property’s appeal.
• Repaved Parking Lot: Offers a fresh, clean appearance and ensures long-term functionality for tenant and customer use.
Growing Market Dynamics
• Located in York County, one of South Carolina’s fastest-growing regions, benefiting from proximity to Charlotte, NC, and the region’s expanding economy. Steady population growth and a favorable business environment contribute to strong demand for retail and fitness spaces.