Eckerd Drug Store For Sale
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Eckerd Drug Store For Sale Properties
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Eckerd Drug Store For Sale follows the credit of JC Pennys - Eckerds parent.
Northwestern South Carolina
Eckerd Drug Store For Sale Property #ppnnnsECKERDSsc0621
Eckerd Drug Store For Sale Tenant:
Eckerd Drug Store
Tenant Industry Type: Drug Store
State Located: Northwestern South Carolina
Size of Building: 10,908 Square Feet Free-
Standing Building
Land Area: 1.4 Acres
Lease Term: 20-Year Primary Lease term.
Options: There are 4 Options Renewal
Periods. Each option is for 5 years.
Lease Type: NN - Landlord Responsibilities:
Capital expenditures relating to the repairing and/or replacement of roof & structural (roof has a
warranty for materials & labor in place).
Annual Rental Income (NOI): From years 1
through year 20 $$225,000
Price: $2,393,617
Capitalization Rate (CAP): 9.4%
Terms of Sale: Cash at Closing
Remarks: Brand New Eckerd in SC that owner will
sell for a 9.4 % CAP. This new
store was built to relocated Eckerds from a previous site occupied by Eckerds for 20 +
years. Very strong Sale history. The Eckerds that was replaced was an older store
in a older shopping center. This new Eckerds is located right in front of a brand
spanking new shopping center built by the same developer.
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The Eckerd Drug Store For Sale contained herein have been obtained from Eckerd Drug Store For Sale
sources believed to be reliable. While we do not
doubt the accuracy of these Eckerd Drug Store For Sale, we have not verified it and make no
guarantee, warranty or representation
about the accuracy or completeness of the Eckerd Drug Store For Sale information. As a Eckerd Drug
Store For Sale buyer, it is your responsibility to
independently confirm the accuracy and completeness. Any projections, opinions, assumptions or
estimates used
are for example only and do not represent the current or future performance of the Eckerd Drug
Store For Sale. The value of these
Eckerd Drug Store For Sale to you depend on factors which should be evaluated by your tax,
financial and legal advisors. You and
your advisors should conduct a careful, independent investigation of these Eckerd Drug Store For
Sale to determine to your
satisfaction the suitability of the property for your needs. By requesting further information,
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or liability arising out of your investigation and/or purchase of these Eckerd Drug Store For Sale.
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