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31342528
31342559

1090 Main St, West Columbia, SC 29170

Cypress Commercial & Investment Real Estate
Listed by Cypress Commercial & Investment Real Estate
$824,495
72 days on market
Updated 17 days ago

Dollar General Store I Columbia, SC MSA I High Traffic

Details
Property Type Retail
Sub Type Grocery Store
Square Footage 9,100
Cap Rate 7.60%
NOI $626,620
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN
Lease Term 5
Lease Expiration 03/31/2031
Remaining Term 4.8
Rent Bumps Yes
Lease Options Four (4) @ 8% Increases every 5 YRS
Price per SqFt $91
Broker Co-Op Yes
Year Built 2004
Buildings 1
Stories 1
Acreage 3.000
Zoning Commercial
Investment Type Net Lease
Tenant Credit Corporate Guarantee, Credit Rated
Lease Commencement 04/01/2026
Sale Condition 1031 exchange

7.60% CAP | 9,100 SF I NN

Marketing description

This Dollar General store is located on Main Street in South Congaree, which is in Lexington

County, right outside Columbia, SC. This store is located less than 5 miles from the Columbia

Metropolitan Airport on the same road.

This area is experiencing explosive growth with strong traffic counts and

stable neighborhoods. This Dollar General sits on a 3+/- AC parcel with easy access onto the 4-lane main road. This is a heavily traveled corridor between Columbia and the Town of Pelion. New area highlights include the Salena Golf Club witch is a newly renovated club recently bought by a PGA Tour Professional and underwent an extensive renovation.

This property carries additional upside for long term investors with a current low rental in place and extra large parcel.

Investment highlights

Dollar General Store in prime location-

Columbia SC MSA on large 3+/- AC. lot

• NN Lease w/ Corporate Guaranty by

Dolgencorp, LLC

• DG took early renewal option showing

strong commitment to the area

• New developments in the area include

the Salina Golf Club a Bryant Brothers

Course

• 15,600 VPD on Main Street

• Dollar General has over 20,900 Stores in

48 States; 34 Distribution Centers

• S&P BBB Investment Grade Credit $40.6

Billion in Sales in Fiscal 2024

• Perfect 1031 Exchange Property

• DG Ranked #112 on Fortune 500 List

Listing Contacts

Cypress Commercial & Investment Real Estate
Listed by Cypress Commercial & Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$626,620.00
$52,218.33/mo

Valuation Metrics

0
DSCR
76%
Cap Rate
76%
ROI

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