New 15 Year Absolute NNN Lease Dollar General | 2 SC-72
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New 15 Year Absolute NNN Lease Dollar General 2 SC-72
10,640 SF Retail Building Abbeville, SC 29620 $1,937,214 ($182/SF) 7.25% Cap Rate
Investment Highlights
- New 15 Year Absolute NNN Lease
- Corporate Guarantee
- Quality New Construction - Masonry Front & 3 Metal Sides
- Zero Landlord Obligations
- Store Opening 2/15/2025
Executive Summary
This is the unique opportunity to purchase a corporately guaranteed Dollar
General asset with a newly executed absolute NNN lease in Abbeville, South
Carolina. This is a new 15 year lease calling for zero landlord obligations. The
tenant has five, 5 year renewal options with 5% increases at each option. The
asset is newly constructed with standard masonry front and three metal
sides, the store officially opens its doors in February 2025. Its advantageous
positioning along South Carolina Highway 72 which leads to Anderson, SC.
General asset with a newly executed absolute NNN lease in Abbeville, South
Carolina. This is a new 15 year lease calling for zero landlord obligations. The
tenant has five, 5 year renewal options with 5% increases at each option. The
asset is newly constructed with standard masonry front and three metal
sides, the store officially opens its doors in February 2025. Its advantageous
positioning along South Carolina Highway 72 which leads to Anderson, SC.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Building Class
C
Year Built
2024
Price
$1,937,214
Price Per SF
$182
Cap Rate
7.25%
NOI
$140,448
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
20.71 AC
Frontage
1,154 FT on West Greenwood Street
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New 15 Year Absolute NNN Lease Dollar General | 2 SC-72
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