925 Spears Creek Ct | Elgin, SC 29045
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925 Spears Creek Ct
Elgin, SC 29045
DESTINATION PET · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- DESTINATION PET | PREMIER PET BOARDING OPERATOR | Destination Pet is one of the leading providers of pet healthcare services in the US.
- SCHEDULED RENTAL INCREASES | HEDGE AGAINST INFLATION | The lease features 10% rental increases every 5 years, providing a future owner with a boost in
- EXCELLENT LOCATION | The ±15,000 SF facility is situated off Interstate 20, offering high visibility and convenient access to surrounding communities.
- STABLE INVESTMENT | NNN LEASE | OPTIONS TO EXTEND | There are over 7 years remaining on the lease with four (4), 5-year options to extend.
- HEALTHCARE REAL ESTATE | RECESSION RESISTANT PROPERTY | Pet service facilities are extremely sought-after investments.
- BELOW MARKET RENT | Tenant’s current rental rate is below market which ensures landlord has replaceable rent.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
15,000 SF
Building Class
C
Year Built
2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.60 AC
Zoning
M-1 - Mixed USe
Parking
40 Spaces (2.67 Spaces per 1,000 SF Leased)
Frontage
214 FT on Spears Creek Ct
PROPERTY TAXES
| Parcel Number | 28802-02-01 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,065,800 |
PROPERTY TAXES
Parcel Number
28802-02-01
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,065,800
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