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704 West Wade Hampton Boulevard
Greer, SC 29651
Asking Price
$2.62M
Cap Rate
7%
Asset Type
Restaurant Retail
Class
Class B
What's Special
NNN Applebee's in Rapidly Growing SC Market <p><strong style="color: rgba(33, 37, 41, 1)">Strong Tenant with Long-Term NNN Lease -</strong></p><p><span style="color: rgba(33, 37, 41, 1)">Absolute NNN lease with approximately 8 years of term remaining and rent increases. This location ranks in the 73rd percentile in South Carolina according to Placer.ai.</span></p><p></p><p><strong style="color: rgba(33, 37, 41, 1)">Rapidly Growing Market -</strong></p><p><span style="color: rgba(33, 37, 41, 1)">Located within the rapidly expanding Greenvi
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NOI
$80,000
Cap Rate
3.05%
DSCR
0.51
Underwater
Cash-on-Cash
-9.62%
Monthly Payment
$12,976.465
Annual Cash Flow
$-75,717.584
