Dynamic Health and Fitness

136 Rembert C. Dennis Blvd, Moncks Corner, SC
Deal Type:
Net Lease
Price:
$2,330,940
Cap Rate:
6.90%
Current Rent:
$160,835
Lease Type:
Triple Net
Landlord Responsibilities:
None
Renewal Options:
2, 10-Year
Building Sq. Ft.:
12,397 SF
Rent Increases:
2.0% starting at year 6
Site Size:
2.56 Acres
  • Dynamic Health and Fitness - Moncks Corner, SC
  • Dynamic Health and Fitness - Moncks Corner, SC
  • Dynamic Health and Fitness - Moncks Corner, SC
  • Dynamic Health and Fitness - Moncks Corner, SC
  • Dynamic Health and Fitness - Moncks Corner, SC

Investment Highlights

  • Absolute NNN lease with no landlord obligations – providing passive investment opportunity.
  • 9+ years of term remaining with attractive 2.0% annual escalations starting in year 6.
  • North US Highway 52 is a dense retail corridor with surrounding national/credit users such as CVS, Walmart Supercenter, Food Lion, Tractor Supply Co, AutoZone, Burger King, Taco Bell, Harbor Freight Tools, and many others.
  • Moncks Corner is the county seat of Berkley County, SC and has seen a 25% increase in population within the last 5 years.
  • Berkley County has largely benefited from its proximity to Charleston, SC, and is the second fastest growing county in South Carolina.

Listing Agents

Jordan Williams Stream Capital Partners

Jordan Williams

Senior Associate
205 209 5671
[email protected]

Adam English

Managing Director
256 694 9803
[email protected]

In Association with Scott Reid & ParaSell, Inc. | A Licensed South Carolina Broker #23763

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