Single Tenant Net Leased 76 Convenience Store Trades in 1031 Exchange
Trad Dyches, CCIM of NAI Charleston, recently represented the buyer of a 76 Convenience Store located at 704 Bells Highway in Walterboro, SC as part of a 1031 Exchange. The 76 Convenience Store is a Single Tenant Net Leased (STNL) property with 15+ years of lease term remaining backed by a strong operator and guarantor.
@John Brown, Zachary Passman, and Liam Radlin of Sands Investment Group represented the seller, Roots Oil. The property sold for $1,390,000.
“I thoroughly enjoyed assisting my client in finding and purchasing a property for their 1031 Exchange,” said Trad. “Working with the Sands Investment Group team was also a pleasure as they were instrumental in accommodating the buyer's closing timeline.”
For more information, contact Trad Dyches, CCIM at +1 (843) 364 4288 or [email protected].
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