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31666827

3339 Ridgeway Rd, Great Falls, SC 29055

CV
SC 92715
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates
$2,322,830
52 days on market
Updated 50 days ago

Dollar General Great Falls, SC

Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Units 1
Cap Rate 6.50%
NOI $151,984
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Rent Bumps Yes
Lease Options 5, Five year
Price per SqFt $218
Broker Co-Op Yes
Year Built 2026
Acreage 2.500
Tenant Credit Corporate Guarantee
Ground Lease No

Charlotte NC MSA | 6.50% CAP | Absolute NNN

Marketing description

3339 Ridgeway Road, Great Falls, SC offers investors the opportunity to acquire a brand-new, single-tenant net lease asset backed by a nationally recognized retailer. This 10,640 SF store sits on 2.5 acres along Highway 21/Ridgeway Road and benefits from strong local visibility with approximately 6,800 vehicles per day.

The property is secured by a new 15-year NNN lease with zero landlord responsibilities, providing a passive investment structure and predictable income stream. Annual NOI is $150,984 with 5% rent increases every five years, plus five additional 5-year renewal options, creating long-term income growth potential. The offering is priced at $2,288,000, reflecting a 6.6% cap rate.

Strategically positioned to serve the surrounding residential trade area, the site is convenient to local schools, neighborhood retail, and community services. The five-mile average household income is $79,278, and the property is located within reach of Lancaster, Chester, Columbia, and the greater Charlotte region.

This is an attractive opportunity to own a new construction Dollar General asset in a growing South Carolina market with corporate guaranty and durable long-term fundamentals.

Investment highlights

  • Located in York County is one of the fastest-growing and most economically dynamic counties in South Carolina.Located in the northern part of the state along the North Carolina border, it is part of the Charlotte MSA
  • 6,800 VPD
  • Located half way between Charlotte, NC and Columbia, SC
  • Several traffic generators with many parks and local business
  • Conveniently located as location to stop and buy supplies for daily and weekend camping and fishing

Listing Contacts

CV
SC 92715
Oswald Cooke & Associates
Listed by Oswald Cooke & Associates

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$151,984.00
$12,665.33/mo

Valuation Metrics

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DSCR
6.54%
Cap Rate
6.54%
ROI

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