901 Front St Iva, SC 29655

This exceptional investment opportunity presents a 0.75-acre, net-leased convenience store in Iva, South Carolina. The property, built in 2005, is currently 100% occupied by a Dollar General, Dollar Tree, and Family Dollar store under a single, corporately guaranteed lease with an investment-grade credit tenant. The lease commenced June 1, 2006, and expires June 30, 2031, offering a remaining term of 6.7 years. The current annual Net Operating Income (NOI) is $83,308, resulting in an attractive 8.35% cap rate. The asking price is $997,702. The tenant has a proven track record, having exercised multiple lease options, demonstrating a strong long-term commitment to the location. The lease includes three, five-year options, each with a 10% rent increase. This property benefits from strong demographics, with a 5-mile population of 7,062 residents and a 10-mile population of 20,406. Its strategic location, 44 miles southwest of Greenville, SC, further enhances its appeal. This is a rare opportunity to acquire a stable, high-performing retail investment with significant upside potential. The property is located at 901 W Front St, Iva, SC 29655, in Anderson County.