Listed by Marcus & Millichap - San Diego
$2,172,000
Dollar General
Details
Property Type Retail
Sub Type Grocery Store, Storefront
Square Footage 10,640
Net Rentable (SqFt) 10,640
Cap Rate 6.6%
NOI $143,328
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Remaining Term 15
Year Built 2026
Acreage 2.480
Investment Type Net Lease
Tenant Credit Credit Rated
Ground Lease No
Upgraded Storefront | 15-Year Absolute NNN | South Carolina
Marketing description
Sambazis Retail Group of Marcus & Millichap is pleased to present the brand new Dollar General in Waterloo, South Carolina. Dollar General has signed a 15-year absolute NNN lease with 5% increases every 5 years. There is an corporate guaranty (NYSE: DG - S&P Investment Grade) with 20,450+ locations.
Investment highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rent Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), Ranked #112 on Fortune 500 in 2025
- Dollar General is the Nation’s Largest Retailer with 20,450+ Stores
- Brand New Upgraded Construction on Oversized Parcel, Partial Brick Storefront
- Serving 70,000 Residents in Rapidly Growing Laurens County, One of the Fastest-Growing Counties in the State
- Hard Corner Location at Four-Way Intersection, Great Access and Visibility
- Just North of Piedmont Technical College (Lee Walters Campus) with 7,100 StudentsTourism is a Major and Growing Economic Driver in Laurens County
- Strategic Location at Lake Greenwood, Covers 11,400 Acres and Attracts Millions for Boating, Fishing, and Camping
- Close Proximity to Francis Marion & Sumpter National Forests with 770,000 Visitors Annually
- 50 Miles to Greenville, 77 Miles to Columbia, and 160 Miles to Atlanta
Listing Contacts
Listed by Marcus & Millichap - San Diego
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$143,328.00
$11,944.00/mo
Valuation Metrics
0
DSCR
6.6%
Cap Rate
6.6%
ROI
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