648 WILSON ST

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648 WILSON ST

CHESTER, SC 29706-7500
Asking Price
$33.61M
Asset Type
Distribution Industrial
Class
Class B

What's Special

STNL Industrial Distribution Facility | High Growth Region in Between Charlotte & Columbia <p>Highly Attractive Lease Terms</p><ul><li>​Absolute NNN lease structure with no landlord responsibilities</li><li>​Favorable 3.00% annual rent escalations</li><li>​In place rent is approximately 50% below market, for regional comparables outside the immediate MSA for similar scale industrial facilities </li></ul><p>Strong Corporate Tenant </p><ul><li>​100% leased to Unique USA, Inc. (d/b/a Unique Loom) with Rugs.com, LLC as the guarantor</li><li>​Nationally recognized manufacturer and wholesa

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NOI
$80,000
Cap Rate
0.24%
DSCR
0.04
Underwater
Cash-on-Cash
-19.00%
Monthly Payment
$166,275.699
Annual Cash Flow
$-1,915,308.391

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