Brand new NNN 5-year lease signed. Lease rate is $16,302 year one and increases each year. Tenant pays property taxes and insurance. Landlord has zero expense responsibilities.
This sale includes 3.46 acres zoned commercial off Sand Bar Ferry Rd in Beech Island SC. Site is less than 1/3 mile from the Savannah River. The main tract contains an operational garage with two car lifts and multiple roll up doors. The site has another building that was previously used as an office space for an automotive repair business. The building is a shell and in substantial disrepair. Combined the site is approximately 3.46 acres with some of it being open or undeveloped land.
Site is located in Beech Island Sc in Aiken County. The site sits just a 1/3 mile past the Sand Bar Ferry Bridge that crosses the Savannah River leading into Augusta, Georgia. Site is located in close proximity to commercial and industrial sites.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
