Harrison Capital Advisors
Listed by Harrison Capital Advisors
$824,495
Dollar General Store I S. Congaree, SC
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,100
Cap Rate 7.60%
Tenancy Single
Lease Type NN
Lease Expiration 03/31/2031
Rent Bumps Yes
Lease Options Four (4), Five (5) Yr Options with 8% Increases
Class A
Year Built 2004
Acreage 3.960
Zoning Commercial
Parking Spaces 38 spaces
Parking Per SqFt 4.18
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 04/01/2026
Retail | 7.60% CAP | 9,100 SqFt
Marketing description
This Dollar General store is located on Main Street in South Congaree, which is in Lexington County, right outside Columbia, SC. This store is located 5 miles from the Columbia Metropolitan Airport. This area is experiencing high growth with strong traffic counts and stable neighborhoods.
Investment highlights
- Dollar General Store in prime location- Columbia SC MSA on large lot
- NN Lease w/ Corporate Guaranty by Dolgencorp, LLC
- DG took early renewal option showing strong commitment to the area
- New developments in the area include the Salina Golf Club a Bryant Brothers Course
- 15,600 VPD on Main Street
- Dollar General has over 20,900 Stores in 48 States; 34 Distribution Centers
- S&P BBB Investment Grade Credit $40.6 Billion in Sales in Fiscal 2024
- Perfect 1031 Exchange Property
- DG Ranked #112 on Fortune 500 List
Listing Contacts
Harrison Capital Advisors
Listed by Harrison Capital Advisors
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