Dollar General
Single Tenant Retail | Travelers Rest, SC
Marketing description
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a Dollar General in Travelers Rest, SC.
Investment highlights
Attractive Long-Term Lease Structure: Absolute NNN lease with approximately 10 years of remaining primary term, featuring 5% rental increases every five years and five 5-year renewal options, providing investors with long-term income growth and cash flow stability.
Zero Landlord Responsibilities: Absolute NNN lease structure with zero landlord responsibilities.
Corporate Dollar General Commitment: Leased to Dollar General, one of the nation's largest discount retailers, operating more than 20,000 stores across the U.S. and Mexico and generating approximately $40.6 billion in annual revenue, demonstrating significant scale and market presence.
Investment-Grade Credit Tenant: The lease is backed by Dollar General, which maintains an S&P BBB investment-grade credit rating, providing investors with enhanced credit quality and income security.
Limited Dollar Store Competition: The property benefits from a strong competitive position, with the nearest dollar store located approximately 5.5 miles away.
Affluent Consumer Base: A 3-mile average household income of $112,150 underscores the area's strong purchasing power and supports long-term tenant performance.
Proximity to Large, Up-Scale Living Community: This property sits directly across the highway (US Hwy 25) from The Cliffs at Mountain Park, a premier 5,000 acre private mountain living community that boasts a golf course ranked as "#59 on Golfweek's Best 2026 top 200 residential Golf Courses in the U.S.
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