Lumber Liquidators

1801 Cherry Road - Rock Hill (Charlotte) South Carolina 29732

LTV (Loan to Value) 65.00% Current NOI $88,000.00
Interest Rate 4.250% Capital Rate 7.240%
Fixed Term 10 Years Land Area 1.38 Acre
Amortization 25 Years Lease Type NN
Loan Amount $789,750.00 Property Type Retail
Payment $4,278.38 Property Lease Home Furnishings
Bulding Size 6,400 SF Remaining Terms 7 Years

Location Description

NNN Lenders is pleased to offer for sale to qualified investors a free-standing building 100% leased to Lumber Liquidators, Inc. located at 1801 Cherry Road Rock Hill, South Carolina. The new buildout is a former Blockbuster Site on a signalized intersection and an outparcel to a grocery-anchored shopping center. The brand new seven (7) year NN lease includes rent escalations in year 6 and in options. The lease includes two (2), five (5) year renewal options.

Highlights

Brand New StoreThis is a new buildout with a showroom for displaying products and a small warehouse for storage. New…

Property Description

Rock Hill, South Carolina is a business-savvy blend of historic charm and responsibly implemented expansion. The city is located in the north-central area of South Carolina approximately 20 miles south of Charlotte, NC along the I-77 corridor. Rock Hill is a growing community of 67,000 residents, and the City encompasses over 36 square miles. Rock Hill is the largest city in York County, SC and the only major South Carolina city in the Charlotte area. With its many amenities, Rock Hill is the ideal location for businesses looking to start operations or expand, as well as for retail and commercial opportunities in our commercial centers.