100 West Tatum Avenue

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100 West Tatum Avenue

McColl, SC 29570
Asking Price
$1.29M
Cap Rate
8%
Asset Type
Convenience Store Retail
Class
Class B

What's Special

Corporate Lease | Strong Store Sales | Limited Competition <p>• Corporate lease | Family Dollar | 8,000 locations nationwide</p><p>• Annual store sales have increased by an average of 15% over the last 4 years</p><p>• Signalized corner intersection | N Main St & W Tatum Ave</p><p>• Located off NC Hwy 15 | Significant route connecting several cities in the Carolinas</p><p>• Limited competition | No Family Dollar stores within a 7-mile radius</p><p>• 10 minutes from Laurinburg retail corridor | 2.2M SF within a 2-mile radius</p><p>• Strong operating histo

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NOI
$80,000
Cap Rate
6.21%
DSCR
1.05
Tight
Cash-on-Cash
0.90%
Monthly Payment
$6,377.269
Annual Cash Flow
$3,472.776

Location & Travel Times