Listed by SWE Realty
$1,265,894
Dollar General - Spartanburg, SC
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 9,600
Cap Rate 7.55%
NOI $95,574
Tenancy Single
Brand/Tenant Dollar General
Lease Type NN+
Lease Expiration 07/31/2030
Remaining Term 4.1
Rent Bumps Yes
Year Built 2010
Acreage 1.970
Parking Spaces 28 spaces
Parking Per SqFt 2.92
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 08/01/2025
Ground Lease No
Retail | 7.55% CAP | 9,600 SqFt
Marketing description
This Dollar General has a high-visibility and easily accessible location along Hayne St. An average annual household income of $76,851 within a 5-mile radius provides an affluent and reliable customer base. Freestanding Dollar General Store Successfully Operating at the Location for Approximately 15 Years.
Strategically Positioned Within the Greenville-Spartanburg MSA, a Dynamic Economic Hub Driven by Manufacturing, Healthcare, and Logistics. Located within one of the Southeast's premier manufacturing hubs, anchored by BMW Manufacturing, Michelin, Milliken & Company, and numerous international employers.
Located Approximately 4 Miles from Downtown Spartanburg, the Commercial and Employment Center of Spartanburg County.
Investment highlights
- Net Lease Allows for a Passive Investment with Minimal Landlord Responsibilities
- Guaranteed by Dollar General Corporation (NYSE: DG)
- Five (5) - Five (5) Year Option Periods
- Approximately 4 years remaining on current term
- Positioned along Hayne Street, a primary commercial corridor providing direct access to downtown Spartanburg, major retail destinations, and Interstate 26
- Near major employers including BMW's largest plant globally, Michelin, Spartanburg Regional Healthcare System, and numerous logistics and manufacturing operations
- Excellent visibility with over 66,000 Vehicles Per Day on the Interstate 26
- Spartanburg County average household income exceeds $76,851 within a 5- mile radius of site
- Population over 102,000+ within 5 miles
- Strategically Positioned Within the Greenville-Spartanburg Market Along the I-85 Corridor Between Atlanta and Charlotte
- Downtown Redevelopment ($450M+): Multi-phase project featuring a 3,600-seat stadium, a 152-room hotel, 240,000 sq. ft. of offices, 375+ apartments, and major public infrastructure upgrades
- Less than 1 mile to Interstate 26 and 4 miles to Downtown Spartanburg
Listing Contacts
Listed by SWE Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$95,574.00
$7,964.50/mo
Valuation Metrics
0
DSCR
7.55%
Cap Rate
7.55%
ROI
Map
Zoning
PR SpecialPartial Restriction
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View all 123 uses Last updated Feb 11, 2026 For deeper zoning details, reports are available at Zoneomics
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