This property has sold.

Details: Retail

Asking Price: $1,262,000

Square Feet: 13,225 SF

Asking Cap Rate: 8.00%

Year Built: 2003

NOI: $100,976

SOLD – Swansea Shopping Center

1953 Southbound Road, Swansea, SC 29160

  • Dollar General is an Investment Grade tenant with Term until 2028.
  • National Tenants (Dollar General & Subway) represent 72% of the center’s GLA and 70% of the income.
  • Dollar General has Strong PlacerAI data:
  • Top 20% in South Carolina
  • Top 30% in the U.S.
  • The center is 100% Occupied showing Great Leasing Momentum.
  • Recent 5 Year Renewal by Dollar General showing commitment to site.
  • Security Finance is a Corporate Tenant with 18 locations.
  • Subway is one of two Drive Thru Restaurant’s in the market.
  • This property offers the ability to purchase Corporate Credit with term above financing rates.

This property has sold.