Rite Aid

CONTACT US REGARDING THIS LISTING

PROPERTY ADDRESS

137 S. Main St., Allendale, SC 29810

PROPERTY INFORMATION

Price:
$741,517
Cap Rate:
7.25%
Term Remaining:
5 Years
Status:
Closed

INVESTMENT SUMMARY

– Rite Aid Corporate Guaranteed Lease
– Double Net Lease | Minimal Landlord Responsibilities
– 41 Miles From Nearest Walgreens
– Rite Aid Pays Additional Percentage Rent
– Attractive Rental Increase in Initial Term
– Established Location | Phenomenal Rent to Sales
– Roof Replaced in 2011 | 20 Year Roof Warranty
– Excellent Points of Ingress and Egress
– Investment Grade | Standard & Poor’s B Rating
– Located Within Close Proximity to University of South Carolina Salkehatchie
– Neighboring National Tenants Include: Family Dollar, Hardy’s, Napa Auto Parts, Subway, and more