Food Lion Florence South Carolina

Price: $4,233,333
Gross Leasable Area: 45,450 SF
Price/SF: $93.14
Year Built: 1979
Lot Size: 5 AC
Lease:  Net Lease Investment with 10+ years left on lease 
Latest Renovations: July 2016

Perfect 1031 Exchange Property

6 tenants
* 10 year lease anchor tenant (Food Lion)
* 10 year lease Chinese Restaurant
* 5 year lease Music Depot
* 5 year lease ABC Liquor Store
* 5 year lease Freeman's Bakery Store
* 3 year lease Rozzelle's Fashion and Accesories 
Must assume conduit loan ($2,175,000) (5.93%) (10 year fixed, 30 year amortization)
Buyer must be approved by the lender.
New roof, New asphalt---renovations completed July 2016
New 10 year lease anchor tenant (Food Lion)
Outer parcel (.6 acre ) for development
The shopping center is located in an affluent area of Florence, SC
Strong sales of anchor tenent -- Food Lion has been there since 1979