Listed by Matthews
$1,107,600
Family Dollar | South Carolina
Details
Property Type Retail
Sub Type Convenience Store, QSR/Fast Food
Square Footage 10,500
Cap Rate 8.75%
NOI $96,915
Tenancy Single
Brand/Tenant Dollar General, Dollar Tree
Lease Type NN+
Lease Expiration 06/30/2033
Remaining Term 7
Rent Bumps Yes
Lease Options Four, 5-Year Options
Year Built 2023
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 06/13/2023
Ground Lease No
Ownership Fee Simple
2023 Built-to-Suit | 7 Years Remaining
Investment highlights
- 2023 built-to-suit for Family Dollar
- ±7 years remaining on an initial 10-year lease
- Corporately guaranteed lease
- Rent increases of $5,250 ($0.50 / SF) in each of the four, 5-year options
- The subject property comes with a 20-Yr transferable roof warranty
- 10-mile population of ±9,000 residents
- Average household income of $63,035 annually within a 10-mile radius
- In 2025 Family Dollar was acquired by private equity investors (Brigade Capital Management, Macellum Capital Management, and partners) in a definitive transaction (~$1.0B) aimed at revitalizing the brand as a standalone retailer, distinct from Dollar Tree's strategy. The new owners are focused on operational turnaround, brand investment, and tighter portfolio optimization.
- Now operating as an independent company, Family Dollar benefits from both fresh capital and significant retail expertise. This backing is expected to accelerate store upgrades and drive operational improvements. With its proven value-focused model and strong presence in local communities, Family Dollar continues to serve as a resilient tenant, positioned for sustained growth in the years ahead.
- With roughly 7,000+ locations across the U.S., Family Dollar delivers widespread physical access to core grocery and household categories. Its neighborhood-centric footprint positions it as a convenient, quick-trip destination for budget-minded consumers.
Listing Contacts
Listed by Matthews
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,915.00
$8,076.25/mo
Valuation Metrics
0
DSCR
8.75%
Cap Rate
8.75%
ROI
Map
Zoning
CC CommercialCore CommercialCore Commercial
Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Is there information that looks off?
