Contacts
Furman Capital Advisors
Furman Capital Advisors
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.
Reach out to the broker for more info on lease terms and amenities
Getting around
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45/100
Walk Score ®
-
37/100
Bike Score ®
Location
- City Iva, SC
- Zip Code 29655
- Market Greenville
Points of Interest
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Gulf
0.08 miles
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Sportsman Warehouse
0.38 miles
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Stop-A-Minit
5.42 miles
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Cam's Cafe
0.31 miles
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Mi Fiesta
0.35 miles
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Griffs Gourmet kitchen
0.36 miles
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Pizza Resturant
0.38 miles
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New China
0.41 miles
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Smiley's Cafe
0.43 miles
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Burger King
0.86 miles
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The Gray House
5.59 miles