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32924304
32949940

1215 N MAIN ST, FOUNTAIN INN, SC 29644-1343

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by AMC Real Estate, Bang Realty
$1,819,200
10 days on market
Updated 9 days ago

NNN Dollar General Plus Store

Details
Property Type Retail
Sub Type Convenience Store, Grocery Store (+1)
Square Footage 10,640
Cap Rate 6%
NOI $109,152
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 10/30/2035
Remaining Term 9.4
Rent Bumps Yes
Lease Options 5 (5-year options)
Price per SqFt $171
Year Built 2020
Acreage 3.790
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 11/11/2020
Ground Lease No

±10 Year NNN Lease | Located on High Traffic Road | $100K+ AHHI

Marketing description

AMC Real Estate Investment Services presents a rare opportunity to acquire a Dollar General Plus on an absolute triple-net lease in Fountain Inn, South Carolina — one of the fastest-growing communities in the Greenville MSA, expanding at approximately 6% annually.

Built in 2020, the oversized 10,640 SF Dollar General Plus prototype sits on a 3.79-acre lot along North Main Street, Fountain Inn's primary commercial corridor. The site benefits from strong daily traffic exposure of approximately 14,664 vehicles per day with excellent visibility and ample parking supporting Dollar General's high-frequency shopping model.

The surrounding trade area is extremely affluent, with average household incomes exceeding $100,000 within a 2, 3, 5, and 10-mile radius, paired with strong 2%+ population growth and active new residential development throughout the corridor.

With approximately 9.5 years remaining on the initial 15-year corporate lease and five 5-year renewal options each carrying 10% rent bumps, this offering delivers long-term, passive income backed by one of America's most credit-worthy investment-grade retailers.

Investment highlights

  • Absolute NNN Lease with No Landlord Responsibilities
  • ±9.5 Years Left on the Corporately Guaranteed Lease
  • Site is Visible to ±15,000 Vehicles Per Day
  • Oversized 3.8 Acre Lot with Ample Parking
  • Extremely Affluent Location with Household Incomes Exceeds $100,000 in a 2,3,5,10 Mile Radius of the Site
  • Strong 2%+ Population Growth in Surrounding Areas
  • Site is surrounded by New Residential Developments
  • Dollar General Plus Store – DG’s Larger 10,640 SF Footprint

Listing Contacts

AI
MI MI 6501442625
AMC Real Estate
CM
MI 6501448006
AMC Real Estate
BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
Listed by AMC Real Estate, Bang Realty

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$109,152.00
$9,096.00/mo

Valuation Metrics

0
DSCR
6%
Cap Rate
6%
ROI

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Additional Information

Name
Brian Brockman
License
108250
Brokerage
Bang Realty-South Carolina Inc
Title
Broker of Record
Brokerage Address
2939 Vernon Place, Cincinnati, OH 45219
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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