274 Savannah ST
High-Visibility Standalone Location in Calhoun Falls with Flexible Interior Layout
Marketing description
Reedy River Retail at SVN Palmetto is pleased to present the opportunity to lease/buy a free standing retail building in Calhoun Falls, SC. The building at 274 E Savannah Street is currently dark and was previously occupied by Dollar General, which relocated within the market (Lease active until 03/31/2027). The building was constructed in 2007 as a ±9,014 SF retail space on a ±1.16-acre lot and 28 parking spaces. The building is zoned commercial and remains positioned along Calhoun Falls' main commercial corridor (Highway 72), offering good visibility and access to local and regional traffic. The open floorplan provides an opportunity for a variety of uses for the space including automotive, fitness, medical, or restaurant. Calhoun Falls, SC offers direct access to major highways, including SC Highways 72 and 81. Its central location provides convenient connectivity to key regional markets such as Greenville, Columbia, Augusta, and Atlanta—ideal for business expansion and logistics.
Investment highlights
Tenant: Dollar General (NYSE: DG) (Lease remaining is till 03/31/2027)
- Building Size: ±9,014 SF
- Lot Size: ±1.12 acres
- Year Built: 2007
- Zoning: Commercial
- Parking: ±28 spaces (approximately 3.1 spaces per 1,000 SF)
- Frontage: Approximately 150 feet on East Savannah Street
- Location: Corner lot at East Savannah St. and South Butler Ave.
- Strong Corporate Guarantee: Lease backed by Dollar General Corporation, a Fortune 500 company with an investment-grade credit rating of BBB.
- Limited Landlord Responsibilities: NN (double net) lease structure minimizes landlord obligations, typically covering only roof and structure.
- Limited Local Competition: Few discount retailers in Calhoun Falls enhance the site’s desirability and tenant’s market position.
- High Visibility and Accessibility: Corner lot location with significant frontage on a main thoroughfare ensures excellent visibility and ease of access.
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