101 Joseph Flowers Road

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101 Joseph Flowers Road

Walterboro, SC 29488
Asking Price
$9.52M
Cap Rate
5.25%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Rare 18 Year NNN Lease | Bonus Depreciation Potential | Truck Stop Location Off of I-95 <ul><li>​7-Eleven, Inc. is the world’s largest convenience store chain with more than 85,000 locations in 20 countries.</li><li>​This site is an oversized truck stop location on 8.064 acres and includes 14 truck parking stalls and 4 high-flow diesel lanes. </li><li>​7-Eleven just executed a rare eighteen (18) year lease, plus four (4), five (5) year options. </li><li>​The lease provides for 10% rental increases every six (6) years and at each option thereafter. </li><li>​The lease structure is t

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NOI
$80,000
Cap Rate
0.84%
DSCR
0.14
Underwater
Cash-on-Cash
-16.99%
Monthly Payment
$47,119.556
Annual Cash Flow
$-485,434.666

Location & Travel Times