361 Shanklin Rd, Beaufort, SC 29906

Reedy River Retail at SVN Palmetto presents the opportunity to acquire a corporately guaranteed single-tenant net-leased retail asset occupied by Family Dollar in Beaufort, a stable and supply-constrained coastal South Carolina market. The property is strategically positioned directly across the street from Food Lion, benefiting from strong daily traffic and established neighborhood retail synergy.

The subject property features an 8,000-square-foot freestanding building situated on a 3.21-acre parcel, providing excellent visibility, access, and long-term real estate optionality. Family Dollar is currently operating under a corporate lease with approximately 1 year remaining on the current term. The lease includes three (3) additional five-year renewal options, each with 10% rental increases, offering investors built-in income growth and long-term cash-flow durability. The lease structure is net-leased, with the tenant responsible for the majority of operating expenses, resulting in minimal landlord management responsibilities.

The asset is being offered at an attractive 9.7% cap rate, presenting a compelling yield relative to comparable single-tenant net-lease retail offerings. The combination of strong corporate credit, remaining option periods, contractual rent growth, and a well-located retail site positions this property as a stable, income-producing investment with long-term upside.