3216 East Palmetto Street

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3216 East Palmetto Street

Florence, SC 29506
Asking Price
$1.42M
Cap Rate
7.25%
Asset Type
Storefront Retail
Class
Class B

What's Special

10.25 Yrs NN+ | 7.50% CAP <p><strong style="color: rgba(17, 17, 17, 1)">FAMILY DOLLAR CORPORATE LEASE:</strong></p><p><span style="color: rgba(17, 17, 17, 1)">• </span><span style="color: rgba(0, 0, 0, 1)">Approximately 10.25 Years of Guaranteed Lease Term (Lease Exp: September 2036)</span></p><p><span style="color: rgba(17, 17, 17, 1)">• 2012 Construction - Build-to-Suit Family Dollar</span></p><p><span style="color: rgba(17, 17, 17, 1)">• 8,000 SF Building - 1.44 Acre Parcel</span></p><p><span style="color: rgba(17, 17

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NOI
$80,000
Cap Rate
5.63%
DSCR
0.95
Underwater
Cash-on-Cash
-1.01%
Monthly Payment
$7,025.385
Annual Cash Flow
$-4,304.623

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