Dollar General | 219 S Main St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Dollar General 219 S Main St
9,240 SF Retail Building Wagener, SC 29164 $1,049,143 ($114/SF) 7% Cap Rate
Investment Highlights
- Investment Grade Credit with over 20,000 locations
- Augusta MSA Advantage
- Ten-Year lease with favorable terms for Landlord
- Strong Demographic Profile
Executive Summary
Colliers is pleased to offer qualified investors the opportunity to acquire this singletenant net leased corporate Dollar General in the town of Wagener, South Carolina in the Augusta MSA. In April 2024, Dollar General signed a 10-year lease that commenced October 2024. The subject property recently underwent over a $200,000 renovation with exterior work, paint, HVAC replacements, parking lot work and more. Dollar General Corporation which was founded in 1939 has an investment grade credit rating of BBB by S&P and is publicly traded on NYSE under the ticker DG. In total, Dollar General has +20,000 stores is ranked 111 on the Forbes list, employs over 193,000 people with stores across 48 states. Their low-cost concept is critical in the current high inflation development.
The subject property benefits from being located within the Augusta MSA, the third largest MSA in Georgia, with a population of +/- 630,000 residents. Wagener benefits from being centrally located to Augusta and Columbia as it sits on major transportation routes such as U.S. 302. The economy has strong agriculture and agribusiness ties and there is major investment in the public facilities of the city including a $50.6M new high school to be completed in 2024.
The subject property benefits from being located within the Augusta MSA, the third largest MSA in Georgia, with a population of +/- 630,000 residents. Wagener benefits from being centrally located to Augusta and Columbia as it sits on major transportation routes such as U.S. 302. The economy has strong agriculture and agribusiness ties and there is major investment in the public facilities of the city including a $50.6M new high school to be completed in 2024.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,240 SF
Building Class
B
Year Built
2007
Price
$1,049,143
Price Per SF
$114
Cap Rate
7%
NOI
$73,440
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.81 AC
Parking
32 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
181 FT on Main St
Amenities
- Pylon Sign
- Signage
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 272-20-21-004 | Improvements Assessment | $1,241,410 |
| Land Assessment | $3,928 | Total Assessment | $53,940 |
PROPERTY TAXES
Parcel Number
272-20-21-004
Land Assessment
$3,928
Improvements Assessment
$1,241,410
Total Assessment
$53,940
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Dollar General | 219 S Main St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.