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Property DescriptionPrice $1,506,250
Price Per Sq. Ft. $180.50
Current NOI $120,500
Cap Rate 8.00%
Address 110 V W Ct
Rent Commencement June 25, 2010
Base Term Expiration June 24, 2025
Options Four 5-Year Options
Rent Increases 10% Every 5-Years
Year Built 2007
Gross Leasable Area 8,345 Sq. Ft.
For More Information:Karly IaconoAssociate DirectorNet Leased Properties GroupTel: (201) [email protected]
NNN Lease – No Landlord Responsibility
10% Rental Increase in June 2020 that Brings the Cap Rate to 8.80%
Corporate Tenant – 11AA Rating from Dun and Bradstreet
Located in the Greenville MSA – Over 1.2 Million People
Four State Portfolio may be Sold Individually
Aaron’s – Anderson, SC
JC CorrAssociate Net Leased Properties GroupTel: (201) [email protected]
Jack GaulAssociate Net Leased Properties GroupTel: (201) [email protected]
David BittonAssociate Net Leased Properties GroupTel: (201) [email protected]
For More Information:
Karly IaconoAssociate DirectorNational Retail GroupTel: (201) [email protected] www.iaconoretailgroup.com
SC BOR: Ben Yelm License: 86628
DEMOGRAPHIC OVERVIEW 1 Miles 3 Miles 5 Miles
2022 Population Projection 2,724 32,586 67,603
2017 Population Estimate 2,799 32,598 65,568
Average Household Income $34,414 $42,114 $51,832