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33516856
33516861

1760 Pinewood Rd, Sumter, SC 29154

RM
MI MI 6505433330
Elevate Net Lease
JD
MI MI 6505433330
Elevate Net Lease
JS
MI 6505433330
Elevate Net Lease
Listed by Elevate Net Lease
$1,251,247
1 day on market
Updated 1 day ago

Family Dollar

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 8,320
Cap Rate 8.50%
NOI $106,356
Tenancy Single
Brand/Tenant Family Dollar
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 09/30/2030
Remaining Term 4.3
Rent Bumps Yes
Lease Options (6) 5-Year
Year Built 2015
Acreage 2.040
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 10/01/2015
Ground Lease No
Sale Condition 1031 exchange

ABS NNN Family Dollar

Marketing description

Elevate Net Lease is pleased to present a single-tenant freestanding Family Dollar located at 1760 Pinewood Rd in Sumter, South Carolina. This rare absolute NNN lease investment offers zero landlord responsibility, making it an attractive passive income opportunity. Family Dollar is an essential retailer with pandemic, recession, and internet-resistant tenancy, supported by a corporate guarantee. The property benefits from strong surrounding demographics with a 5-mile population exceeding 42,000 individuals and a 3-mile average household income exceeding $75,000. Located in the Columbia, SC MSA, the area is anchored by government, healthcare, education, and manufacturing sectors, reducing reliance on any single industry. South Carolina ranks among the top states for business with competitive tax incentives and a growing industrial base.

Investment highlights

  • Single-Tenant Freestanding Family Dollar in Sumter, SC
  • Rare Absolute NNN Lease Structure | Zero Landlord Responsibility
  • Essential Retailer | Pandemic, Recession, & Internet Resistant Tenancy
  • Strong Surrounding Demographics | 5 Mile Population Exceeds 42,000 Individuals | 3 Mile AHHI Exceeds $75,000
  • Columbia, SC MSA is Anchored by Government, Healthcare, Education, and Manufacturing Sectors, Reducing Reliance on any Single Industry
  • South Carolina Ranks Among the Top States for Business, with Competitive Tax Incentives and a Growing Industrial Base

Listing Contacts

RM
MI MI 6505433330
Elevate Net Lease
JD
MI MI 6505433330
Elevate Net Lease
JS
MI 6505433330
Elevate Net Lease
Listed by Elevate Net Lease

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,356.00
$8,863.00/mo

Valuation Metrics

0
DSCR
8.5%
Cap Rate
8.5%
ROI

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Additional Information

Name
Brian Brockman
License
108250
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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