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639 Congaree Road
Greenville, SC 29607
Asking Price
$3.61M
Cap Rate
6.5%
Asset Type
Auto Shop Retail
Class
Class B
What's Special
<ul><li>Strong Corporate Guarantee | The lease features a corporate guarantee from Main Street Auto. Main Street Auto is a rapidly growing operator of automotive repair shops in the southeast and beyond. They currently operate ~150 locations. The corporate guarantee on this lease is backed by ~110 of these locations. </li><li>Strong Unit - Level Performance & Historical Operating History | The subject property benefits from strong underling unit-level performance, as well as has successfully o
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NOI
$80,000
Cap Rate
2.21%
DSCR
0.37
Underwater
Cash-on-Cash
-12.41%
Monthly Payment
$17,880.615
Annual Cash Flow
$-134,567.376
