9710 Highway 81 S - Freestanding FOR SALE


Iva, SC 29655
$1,080,000 USD
864-235-6855
9710 Highway 81 S, Iva, SC for Sale
$1,080,000 USD
Freestanding - FOR SALE
1/9
null | 7% Cap Rate

9710 Highway 81 S
Iva, SC 29655


OVERVIEW

Corporate-Backed Dollar Tree Lease: 100% leased to Dollar Tree Stores, Inc., an investment-grade tenant rated BBB by S&P. Attractive 1031 Price Point: Offered at $1,080,000, the Property provides investors a compelling 7.00% cap rate with a manageable basis for 1031 and private investors. Price PSF Well Below Replacement Cost: At only $67.50 PSF, the offering provides an exceptionally low replacement-cost basis for a 16,000 SF freestanding retail building. Below-Market Rent Creates Long-Term Value: Dollar Tree pays only $4.75 PSF, creating a low occupancy cost for the tenant and potential upside value through below-market rent economics. Above-Market Option Rent Increases: The lease includes strong rent growth throughout the option periods, increasing from $4.75 PSF today to $7.75 PSF by the fourth option, representing a 63% increase over the current rent schedule. Main Thoroughfare Visibility: Located on Highway 81 South, Iva’s primary commercial corridor, with full access, pylon signage, and customer visibility. Lake-Influenced Rural Trade Area: The Property benefits from proximity to Lake Secession / Lake Hartwell-area demand, surrounding residential neighborhoods, schools, and nearby Anderson, Hartwell, and Abbeville.

FOR SALE DETAILS

PRICE

$1,080,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

52

LAND DETAILS

LAND ACRES

2.28 AC

LAND SF

99,317 SF

ZONING

-

APN/PARCEL ID

134-03-08-001

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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