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32054397
32054313

3216 East Palmetto Street, Florence, SC 29506

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group
$1,468,965
39 days on market
Updated 39 days ago

Family Dollar - Florence, SC

Details
APN 90160-01-034
Property Type Retail
Sub Type Storefront
Square Footage 8,000
Cap Rate 7.25%
NOI $106,501
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General, Family Dollar
Lease Type NN+
Lease Term 10
Lease Expiration 09/30/2036
Remaining Term 10.5
Rent Bumps Yes
Lease Options Four (4) - Five (5) Year
Price per SqFt $184
Year Built 2012
Acreage 1.440
Parking Spaces 34 spaces
Parking Per SqFt 4.25
Investment Type Net Lease
Lease Commencement 06/01/2012
Ground Lease No
Ownership Fee Simple

Recent Extension - 10.5 Yrs NN+

Marketing description

Schuchert Retail Group is pleased to exclusively present for sale the 8,000 SF Family Dollar located at 3216 E Palmetto St, Florence, SC 29506.

In Cooperation With: Brian Brockman - Bang Realty-South Carolina Inc.

SC License #108250

Investment highlights

FAMILY DOLLAR CORPORATE LEASE:

Approximately 10.5 Years of Guaranteed Lease Term (Lease Exp: September 2036)

• 2012 Construction - Build-to-Suit Family Dollar

• 8,000 SF Building - 1.44 Acre Parcel

• Four (4) - Five (5) Year Renewal Options at 10% Increase in Rent

RECENT LEASE RENEWAL:

In February 2026, Family Dollar Extended the Lease for an Additional 9 Years Signifying Their Long Term Commitment to this Location

TRADE AREA DEMOGRAPHICS:

1-Mile: 2,272 Residents | $60,467 Average Household Income

3-Mile: 8,676 Residents | $68,197 Average Household Income

5-Mile: 38,462 Residents | $76,651 Average Household Income

7-Mile: 66,982 Residents | $84,612 Average Household Income

10-Mile: 96,229 Residents | $89,204 Average Household Income

PROXIMITY FROM FLORENCE, SOUTH CAROLINA:

Myrtle Beach, SC | 64 Miles

Columbia, SC | 86 Miles

Fayetteville, NC | 87 Miles

Rock Hill, SC | 100 Miles

Charlotte, NC | 107 Miles

Charleston, SC | 114 Miles

Wilmington, NC | 129 Miles

Listing Contacts

JS
CA 01969414
Schuchert Retail Group
JS
CA CA 01973172
Schuchert Retail Group
Listed by Schuchert Retail Group

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$106,501.00
$8,875.08/mo

Valuation Metrics

0
DSCR
7.25%
Cap Rate
7.25%
ROI

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Additional Information

Name
Brian Brockman
License
SC #108250
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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