Shopping Center - NNN Net Lease Property for Sale
Lexington, SC
Key Investment Metrics
Price
$4,058,824
Cap Rate
8.5%
Net Operating Income
$345,000
Building Size
14800 SF
Lot Size
13,395 SF
Land Area
1.68 Acres
Year Built
2005
Tenancy
Single
Rent Increases
No
About This Shopping Center Net Lease Property
This Shopping Center NNN (triple net lease) property is located in Lexington, SC and represents an excellent investment opportunity for commercial real estate investors. The property features 14800 square feet of building space and was built in 2005.
With a cap rate of 8.5%, this Shopping Center net lease property offers stable income potential. The asking price is $4,058,824, making it an attractive option for 1031 exchange investors seeking quality Shopping Center commercial properties.
Why Invest in Shopping Center NNN Properties?
- Stable Income: Shopping Center net lease properties provide predictable cash flow with minimal landlord responsibilities.
- Strong Tenant: Shopping Center is a nationally recognized brand with proven operational success.
- 1031 Exchange Eligible: This property qualifies for 1031 tax-deferred exchanges, allowing investors to defer capital gains taxes.
- Triple Net Lease: The tenant is responsible for property taxes, insurance, and maintenance, reducing landlord obligations.
Lexington, SC Market Overview
Located in Lexington, SC, this Shopping Center property benefits from strong local demographics and market fundamentals. The Lexington area offers excellent visibility and accessibility, making it an ideal location for Shopping Center operations and a solid investment for net lease property buyers.