9710 Highway 81 S

For Sale

9710 Highway 81 S, Iva, SC 29655

This Iva property for sale is located at 9710 Highway 81 S. The current listed sale price for 9710 Highway 81 S is $1,080,000. 9710 Highway 81 S is situated on a lot that is 2.28 acre in size.

Contacts

Robert Schmidt

Furman Capital Advisors

Peter Couchell

Furman Capital Advisors

Lawrence Myers

Furman Capital Advisors

Property Details

  • Property Type Retail
  • Property Size 16,000 SF
  • Lot Size 2.28 Acre
  • Cap Rate % 7
  • NOI / YR $75,600.00
  • Parking Spaces Avail. 52
  • Parking Ratio 3.25 / 1,000 SF
  • Year Built 2007
  • Date Updated Aug 11, 2026

Corporate-Backed Dollar Tree Lease: 100% leased to Dollar Tree Stores, Inc., an investment-grade tenant rated BBB by S&P.

 

Attractive 1031 Price Point: Offered at $1,080,000, the Property provides investors a compelling 7.00% cap rate with a manageable basis for 1031 and private investors.

 

Price PSF Well Below Replacement Cost: At only $67.50 PSF, the offering provides an exceptionally low replacement-cost basis for a 16,000 SF freestanding retail building.

 

Below-Market Rent Creates Long-Term Value: Dollar Tree pays only $4.75 PSF, creating a low occupancy cost for the tenant and potential upside value through below-market rent economics.

 

Above-Market Option Rent Increases: The lease includes strong rent growth throughout the option periods, increasing from $4.75 PSF today to $7.75 PSF by the fourth option, representing a 63% increase over the current rent schedule.

 

Main Thoroughfare Visibility: Located on Highway 81 South, Iva’s primary commercial corridor, with full access, pylon signage, and customer visibility.

 

Lake-Influenced Rural Trade Area: The Property benefits from proximity to Lake Secession / Lake Hartwell-area demand, surrounding residential neighborhoods, schools, and nearby Anderson, Hartwell, and Abbeville.  

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Getting around

  • 45/100

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  • 37/100

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Location

  • City Iva, SC
  • Zip Code 29655
  • Market Greenville

Points of Interest

  • Gulf

    0.08 miles

  • Sportsman Warehouse

    0.38 miles

  • Stop-A-Minit

    5.42 miles

  • Cam's Cafe

    0.31 miles

  • Mi Fiesta

    0.35 miles

  • Griffs Gourmet kitchen

    0.36 miles

  • Pizza Resturant

    0.38 miles

  • New China

    0.41 miles

  • Smiley's Cafe

    0.43 miles

  • Burger King

    0.86 miles

  • The Gray House

    5.59 miles

Contact 9710 Highway 81 S
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