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8114160

3380 US-15, Sumter, SC 29153

RP
RBS 49687
Upstate Property Rentals
Listed by Upstate Property Rentals
$1,350,000
1352 days on market
Updated 117 days ago

Dollar General Sumter

Details
Property Type Retail
Sub Type Storefront
Square Footage 9,100
Net Rentable (SqFt) 9,100
Units 1
Cap Rate 6.05%
NOI $81,708
Occupancy 100%
Tenancy Single
Brand/Tenant Dollar General
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 04/30/2031
Remaining Term 4.9
Rent Bumps Yes
Lease Options Five, 5-year Options
Price per SqFt $148
Year Built 2016
Buildings 1
Stories 1
Lease Commencement 04/29/2016
Occupancy Date 04/29/2016
Sale Condition For sale by owner

Excellent investment opportunity for passive investor

Marketing description

DOLLAR GENERAL - 3380 Highway 15, Sumter, SC 29153 Introducing an incredible investment opportunity, the Dollar General property located at 3380 Highway 15 in Sumter, SC. Priced at $1,550,000, this net leased property offers a steady stream of income with a current net operating income of $81,708 and a competitive capitalization rate of 6.27%. With a spacious interior spanning over $11,600 square feet and a price per square foot of $133.02, this is an outstanding opportunity to own a well-established property in a prime location. The Dollar General brand is known for its strong presence, serving as a top employer in the area and attracting a loyal customer base. Situated in Sumter, SC, the property benefits from a strategic location within close proximity to residential neighborhoods, ensuring a high level of customer traffic. The regional and local demographics further support the property's potential, with a favorable market overview indicating strong growth and stability. Don't miss out on this exceptional investment. Take advantage of this opportunity to secure a reliable income stream and become the proud owner of the Dollar General property on 3380 Highway 15 in Sumter, SC. Contact us today to learn more and make this property yours.

Listing Contacts

RP
RBS 49687
Upstate Property Rentals
Listed by Upstate Property Rentals

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$81,708.00
$6,809.00/mo

Valuation Metrics

0
DSCR
6.05%
Cap Rate
6.05%
ROI

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