Dollar General | 307 E Main St
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Dollar General 307 E Main St
9,026 SF Retail Building Andrews, SC 29510 $1,113,000 ($123/SF) 7.49% Cap Rate
Executive Summary
Top Visited Location: This store ranks as the #1 most visited DG within 15 miles of Andrews and in the 82nd percentile in all of South Carolina, based on data from Placer.ai.
Strong Location: Located in the heart of downtown Andrews surrounded by traffic drivers such as Andrews High School, Food Lion, McDonalds, Burger King, O’Reilly’s, and many more.
Limited Landlord Responsibilities: Absolute NNN lease offers investors a true hassle free investment opportunity.
Corporate Guaranteed Lease: Over 20,000 locations in 48 states and Mexico, and revenues in excess of $38.7 billion, and ranked #111 in the Fortune 500.
Investment Grade Tenant: Dollar General holds an S&P BBB credit rating, solidifying its strength as a credit worthy tenant.
Attractive State for Investment: South Carolina has experienced huge economic and population growth over the past 10 years due to its political & economic policies, low cost of living & taxes, right-to-work mindset, an educated & well-trained employee base, and access to logistical infrastructure.
Strong Location: Located in the heart of downtown Andrews surrounded by traffic drivers such as Andrews High School, Food Lion, McDonalds, Burger King, O’Reilly’s, and many more.
Limited Landlord Responsibilities: Absolute NNN lease offers investors a true hassle free investment opportunity.
Corporate Guaranteed Lease: Over 20,000 locations in 48 states and Mexico, and revenues in excess of $38.7 billion, and ranked #111 in the Fortune 500.
Investment Grade Tenant: Dollar General holds an S&P BBB credit rating, solidifying its strength as a credit worthy tenant.
Attractive State for Investment: South Carolina has experienced huge economic and population growth over the past 10 years due to its political & economic policies, low cost of living & taxes, right-to-work mindset, an educated & well-trained employee base, and access to logistical infrastructure.
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Year Built
2015
Price
$1,113,000
Price Per SF
$123
Cap Rate
7.49%
NOI
$83,406
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.73 AC
Parking
34 Spaces (3.77 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 06-0005-021-00-00 | Improvements Assessment | $35,570 |
| Land Assessment | $9,900 | Total Assessment | $45,470 |
PROPERTY TAXES
Parcel Number
06-0005-021-00-00
Land Assessment
$9,900
Improvements Assessment
$35,570
Total Assessment
$45,470
Contacts
-
Robert Schmidt, CCIM -
Peter Couchell, CCIM -
Lawrence Myers -
NAI Earle Furman LLC
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Dollar General | 307 E Main St
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