Dollar Tree for Sale in Iva, SC

Iva, SC

RetailConvenience StoreGrocery StorePharmacy/DrugDollar StoreNN+Net LeaseFee Simple

Key Investment Metrics

Price

$1,080,000

Cap Rate

7.0%

Net Operating Income

$75,600

Building Size

16000 SF

Land Area

2.28 Acres

Remaining Term

5.8 years

Lease Term

10 years

Lease Type

NN+

Tenant Credit

Credit Rated, Corporate Guarantee

Year Built

2007

Occupancy

100%

Tenancy

Single

Rent Increases

$0.50-$1.50/SF @ Each Option

Dollar Tree representative storefront illustrationAI illustration · Not the listed property

Property overview

Dollar Tree in Iva

Review the reported property and lease details, then request the supporting documents for your acquisition review.

Building area
16,000 SF
Land area
2.28 acres
Year built
2007
Lease type
NN+

Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.

Before you make an offer

Four things to verify

  1. 1

    Lease and guaranty

    Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.

  2. 2

    Income and expenses

    Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.

  3. 3

    Property condition

    Review survey, title, condition and environmental information relevant to this property.

  4. 4

    Exchange requirements

    For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.

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