Dollar General

10,640 SF | Retail Building | Anderson, SC 29621 | $2,070,277 ($195/SF) | 6.50% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,070,277

Property Type
Retail
Square Feet
10,640 SF
Price / Square Foot
$195

Listing Contacts

Kase Abusharkh
Kase Abusharkh
Verified Profile
  • Property Info

Property Overview

This is the exceptional chance to acquire a Dollar General property in Anderson, South Carolina, offering the security of a corporate guarantee. This asset features a brand-new absolute NNN lease that places no obligations on the landlord, spanning a generous 15-year term. The lease further presents the tenant with five consecutive 5-year renewal options, each accompanied by a 5% rent increases every 5 years. Boasting a recently constructed structure showcasing a standard masonry front and three metal sides, the store officially opens its doors in June 2024. Its advantageous positioning along U.S. Highway 28 which leads to Anderson, SC.

Property Details

Year Built
2024
Stories
1

Highlights

  • New 15 Year Absolute NNN Lease
  • Zero Landlord Obligations
  • Corporate Guarantee
  • Quality New Construction - Masonry Front and 3 Metal Sides
  • Scheduled Rental Increases
  • Corner Lot and Well Positioned Along US Highway 28

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