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34244157
34244158

1101 TIMMONSVILLE HWY, DARLINGTON, SC 29532-5077

Choice Realty
Listed by Choice Realty
$250,000
8 days on market
Updated 8 days ago

Mailbox Money: Turnkey Solar Farm | Tenant Pays Everything

Details
APN 166-00-04-066
Property Type Land
Sub Type Agricultural, Commercial (+1)
NOI $12,657
Tenancy Single
Remaining Term 22
Rent Bumps Yes
Lease Options Two 5-year renewal options
Acreage 17.550
Ground Lease Yes

About This Property

Marketing description

This SOLAR FARM offers the stability and passive income characteristics of a traditional NNN investment, but at a significantly lower entry price with an attractive yield than national-credit retail properties. This investment opportunity features a 17.55-acre solar energy system ground lease and easement, delivering a stable and predictable income stream. Currently in its 3rd year, the lease generates $12,657 annually as of 2026, with built-in 1% annual rent escalations to ensure consistent growth over time. The initial lease term runs through December 31, 2048, with renewal options that further enhance long-term income security. By the final year of the initial term, annual rent is projected to reach approximately $15,750, illustrating the value of steady contractual increases. Annual property taxes on the 17.55 acres are $1,894.20 and paid by the Tenant. The 17.55-acre solar farm is part of a larger tract and will need to be subdivided and new survey is required. Additional 49-acres+ also available for $276K--49.45 acres available with wooded perimeters and about 44+/- cleared acreage with direct access from Timmonsville Hwy. Expand with another solar farm or grow timber and harvest the straw.

Investment highlights

  • True Armchair Investment with No Management & No Maintenance Responsibilities
  • Tenant pays taxes
  • Landlord/Owner collects annual check for the next 20+ years (12/31/2048)
  • Sellers will consider all Reasonable Cash Offers with Verifiable Proof of Funds
  • Additional 49 Acres surrounding the solar farm available
  • This 17.55-acre solar farm is part of a larger tract and will need to be subdivided

Listing Contacts

Choice Realty
Listed by Choice Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$12,657.00
$1,054.75/mo

Valuation Metrics

0
DSCR
5.06%
Cap Rate
5.06%
ROI

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