13
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$250,000
Est. payment /mo
17.55 Acres Lot
Active
1101 Timmonsville Hwy Darlington, SC 29532
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Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Approx. Sqft 764478
MLS Listing ID 2601914
Year Built 2021
Lot Size 17.550 Acres
Property Sub-Type Commercial
Property Description
This SOLAR FARM offers the stability and passive income characteristics of a traditional NNN investment, but at a significantly lower entry price with an attractive yield than national-credit retail properties. This investment opportunity features a 17.55-acre +/- solar energy system ground lease and easement, delivering a stable and predictable income stream. Currently in its 3rd year, the lease generates $12,657 annually as of 2026, with built-in 1% annual rent escalations to ensure consistent growth over time. The initial lease term runs through December 31, 2048, with renewal options that further enhance long-term income security. By the final year of the initial term, annual rent is projected to reach approximately $15,750, illustrating the value of steady contractual increases. Annual property taxes on the acreage are $1,894.20 and paid by the Tenant. The solar farm is part of a larger tract and will need to be subdivided and new survey is required. The house is also available for sale. Additional 51-acres+/- also available.
Location
State SC
County Darlington
Area Darlington
Interior
Fireplace No
Building
Lot Description County
Listed by: Choice Realty, Inc. • Jonathan C Lee
NEARBY SCHOOL & BUSINESS
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Sara Hape
Agent License ID: SC-141162 MT-88971