NNN Investment Property 1101 Sand Bar Ferry rd 2,964 SF Retail Building Beech Island, SC 29842 $199,500 ($67.31/SF) 8.42% Cap Rate

Brand new NNN 5-year lease signed. Lease rate is $16,805 year one and increases each year. Tenant pays property taxes and insurance. Landlord has zero expense responsibilities. Rental rate is below market in return for tenant making substantial improvements to the property. This sale includes 3.46 acres zoned commercial off Sand Bar Ferry Rd in Beech Island SC. Site is less than 1/3 mile from the Savannah River. The main tract contains an operational garage with two car lifts and multiple roll up doors. The site has another building that was previously used as an office space for an automotive repair business. The building is a shell and in substantial disrepair. Combined the site is approximately 3.46 acres with some of it being open or undeveloped land.
Site is located in Beech Island Sc in Aiken County. The site sits just a 1/3 mile past the Sand Bar Ferry Bridge that crosses the Savannah River leading into Augusta, Georgia. Site is located in close proximity to commercial and industrial sites.