4227 Broad St | Loris, SC 29569
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- LoopNet Team
4227 Broad St
Loris, SC 29569
Family Dollar & Dollar Tree Leasehold Interes · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Tenant just Executed a 10 Year Lease Extension and Recently Converted the Store Into a Family Dollar/Dollar Tree Combo Store
- Tenant Also Has a Significant Rent Bump in Year 5, Increasing the New Owner Cash Flow
- The Property Sits Conveniently Along Broad Street in Loris That Sees 10,951 Vehicles Per Day; the Site Also Has Excellent Visibility From the Road
- Dollar Tree Has a Bond Rating of Baa2 (Moody's) and BBB (S&P), Making it an Investment Grade Tenant; This Makes For a Stabilized Investment For a New
- A New Owner Can Also Benefit From Bonus Depreciation Due to the Property Being a Leasehold Interest
- The Property's Ground Lease Has Over 10 Years Remaining With an Expiration Date of 10/31/2033
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
11,159 SF
Building Class
C
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.90 AC
Parking
400 Spaces (35.85 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 17614030006 | Improvements Assessment | $111,498 |
| Land Assessment | $55,800 | Total Assessment | $167,298 |
PROPERTY TAXES
Parcel Number
17614030006
Land Assessment
$55,800
Improvements Assessment
$111,498
Total Assessment
$167,298
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