MLS#: 2212694Property Type: CommercialSaleAddress: 2185 N Fraser St. City / Zip: Georgetown, 29440Area: 46A Georgetown Area--includes city of GeorgetownCounty: GeorgetownBedrooms: 0Bathrooms: 0Acres: 1Date Listed: 06/07/2022
Agent's Comments
Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
*Listing is provided courtesy by Skip Corn, Marek Property Advisors
Agent's Comments
Excellent NNN investment opportunity on a completely renovated building and 7.1% cap rate. Current childcare Tenant is in the first year of a Long Term 10 Year Lease with 2% increases annually beginning in year 3. The Lease also includes (2) Ten Year options. Tenant pays ad valorem taxes and insurance along with utilities, landscaping and trash removal.
*Listing is provided courtesy by Skip Corn, Marek Property Advisors