New Construction Dollar General 5% Increases | 3313 State 41/51 Hwy
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New Construction Dollar General 5% Increases 3313 State 41/51 Hwy
10,640 SF 4-Star Retail Building Hemingway, SC 29554 $1,862,400 ($175/SF) 6.75% Cap Rate
Investment Highlights
- Solid retail node surrounded by national tenants such as CVS, Hardees, Burger King, Napa and Food Lion
- Located on the main road capturing commuter traffic to and from Downtown Hemingway
- NNN – Zero Landlord Responsibilities 15-Year NNN Lease Term (5) 5-Year Renewal Options 10% Rent increase at the start of each option
- Across from Hemingway Middle School and Hemmingway High School
- 10,640 SF Building Brand New Construction New LED Lighting Interior & Exterior
- Opened for business October 2023
Executive Summary
New Construction 15 year NNN Dollar General in solid retail node
Across from Hemingway Middle School and Hemmingway High School
Located on the main road capturing commuter traffic to and from Downtown Hemingway
10,640 SF Building
Brand New Construction
New LED Lighting Interior & Exterior
NNN – Zero Landlord Responsibilities
15-Year NNN Lease Term
(5) 5-Year Renewal Options
10% Rent increase at the start of each option
Opened for business October 2023
Across from Hemingway Middle School and Hemmingway High School
Located on the main road capturing commuter traffic to and from Downtown Hemingway
10,640 SF Building
Brand New Construction
New LED Lighting Interior & Exterior
NNN – Zero Landlord Responsibilities
15-Year NNN Lease Term
(5) 5-Year Renewal Options
10% Rent increase at the start of each option
Opened for business October 2023
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Building Size
10,640 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2023
Price
$1,862,400
Price Per SF
$175
Cap Rate
6.75%
NOI
$125,712
Tenancy
Single
Building Height
1 Story
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease End
- Dollar General
- -
- -
- -
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease End | ||
| Dollar General | - | - | - | - |
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New Construction Dollar General 5% Increases | 3313 State 41/51 Hwy
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