5827 Highway 28 South, Abbeville, SC
CAP RATE: 6.50%
NET OPERATING INCOME: $85,188
This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute NNN lease in Abbeville, South Carolina.
This is a new 15 year lease calling for zero landlord obligations. The tenant has five 5 year renewal options with 10% increases. The building is newly constructed. This is an ideal opportunity for a passive investor looking for a long-term stable investment.
Abbeville is a city in Abbeville County, South Carolina, United States, 86 miles (138 km) west of Columbia and 45 miles (72 km) south of Greenville. Its population was 5,237 at the 2010 census. It is the county seat of Abbeville County. Settled by French Huguenot settlers, it was named, along with the county, for the French town of the same name.