Miscellaneous
North American Title Loans | 17.75 Years Remaining on a NNN Lease | Hard, Signalized Corner Location
439 S Jefferies Blvd, Walterboro, SC 29488
Listing Price: $500,000
Cap Rate
6.40%
Tenant Name
American Title Loans
Years Remaining On Lease
17.8
Guarantor
Corporate Guarantee
Rentable SF
1,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.68
Investment Overview
Marcus & Millichap is pleased to present the offering for American Title Loans in Walterboro, SC.
North American Title Loans | 17.75 Years Remaining on a NNN Lease | Hard, Signalized Corner Location
Investment Highlights
- SINGLE TENANT RETAIL PROPERTY: 1,200-SF on a 0.22 acre lot.
- 17.75 YEARS REMAINING ON A NEW NNN LEASE: New 20-year triple net lease signed in 2024 extends the lease through 2044 with three percent annual rental increases and two, five-year renewal options. No l
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by North American Title Loans, with Over 400 Locations Across Four States.
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control over the Asset.
- HIGH VISIBILITY HARD SIGNALIZED CORNER LOCATION: Located on a Hard Signalized Corner with Lighted Pylon Sign and Easy Access from Both Traffic Directions.
- MAIN TRAFFIC CORRIDOR: Jefferies Blvd Sees 13,800 Vehicles per Day, Running Through Downtown Walterboro and into Interstate 95, Which Sees 47,000 Vehicles per Day.
- PROXIMITY TO MULTIPLE METRO AREAS: Walterboro is Centrally Located One Hour from Charleston,SC, Columbia, SC and Savannah, GA.
- STABLE DEMOGRAPHICS: The Population Exceeds 15,900 Within Five Miles of the Property and is Projected to Increase by 2030. Unemployment is Below Three Percent Within One Mile.
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas
Miscellaneous
North American Title Loans | 17.75 Years Remaining on a NNN Lease | Hard, Signalized Corner Location
Listing Price: $500,000
Cap Rate
6.40%
Tenant Name
American Title Loans
Years Remaining On Lease
17.8
Guarantor
Corporate Guarantee
Rentable SF
1,200
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.68
Investment Highlights
- SINGLE TENANT RETAIL PROPERTY: 1,200-SF on a 0.22 acre lot.
- 17.75 YEARS REMAINING ON A NEW NNN LEASE: New 20-year triple net lease signed in 2024 extends the lease through 2044 with three percent annual rental increases and two, five-year renewal options. No l
- CORPORATE GUARANTEE: Lease is Corporately Guaranteed by North American Title Loans, with Over 400 Locations Across Four States.
- FEE SIMPLE OWNERSHIP: Provides the Buyer with the Highest Form of Real Estate Ownership and Absolute Control over the Asset.
- HIGH VISIBILITY HARD SIGNALIZED CORNER LOCATION: Located on a Hard Signalized Corner with Lighted Pylon Sign and Easy Access from Both Traffic Directions.
- MAIN TRAFFIC CORRIDOR: Jefferies Blvd Sees 13,800 Vehicles per Day, Running Through Downtown Walterboro and into Interstate 95, Which Sees 47,000 Vehicles per Day.
- PROXIMITY TO MULTIPLE METRO AREAS: Walterboro is Centrally Located One Hour from Charleston,SC, Columbia, SC and Savannah, GA.
- STABLE DEMOGRAPHICS: The Population Exceeds 15,900 Within Five Miles of the Property and is Projected to Increase by 2030. Unemployment is Below Three Percent Within One Mile.
Investment Overview
Marcus & Millichap is pleased to present the offering for American Title Loans in Walterboro, SC.
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas
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