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Views: 214 DOM: 183 Updated: 10.06.24 Posted: 06.21.24 Status: Active

Summary

Price $1,552,585
Built/Renov 2020
Tenant Dollar General
Cap Rate 6.15%
Lease Type Abs NNN
Guarantor Corp T and Rated
Size/SF 10,566
Lease Start 10-14-2020
#Units 19,986
Price/SF $146.94
Expiration 10-31-2035
Tenant Type Dollar/Discount
NOI $95,484
R. Term 10.10
Ownership Fee Simple
Rent/SF $9.04
Increases 0.0%/0/yrs
Pop 5Mi 3,295
Lot/AC 2.47
Options 5/5yrs
AHHI 5Mi $73,991

Lease Highlights

  • New 2020 construction
  • Dollar General has 10+ years remaining on the current lease term with 5 (5-year) options to extend
  • Absolute NNN lease | Zero landlord responsibilities
  • Corporate guarantee | Investment grade tenant

Location Description

Dollar General Market is strategically located on Edgemont Road. The property is conveniently situated northeast of the main retail corridor and positioned along the northern side of Greers Ferry Lake, serving both local residents and the thousands of tourists who visit the popular lake during peak seasons. The immediate area features well-known national tenants, including Sonic, Ace Hardware,...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

Dollar General Corporation (NYSE: DG) is an American chain of  variety stores . The stores deliver everyday low prices on items including food, snacks, health, and beauty aids, cleaning...


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Demographics

  1 Miles 3 Miles 5 Miles
2029 Total Population : 498 1,659 3,525
2024 Total Population : 493 1,639 3,498
2024 Employed Civilian Pop : 184 582 1,225
2024 Total Businesses : 61 128 161
2024 Average Household Income : $ 72,616 $ 75,508 $ 74,765
2024 Total Consumer Spending : $ 16 M $ 53 M $ 114 M
2024 Median Age : 55 58 59
2024 Total Households : 247 782 1,705
2024 Pop Age 25+: Bachelor's Degree : 39 138 358
2024 Average Home Value : $ 305,366 $ 306,137 $ 289,894
*ESRI data is presented for informational purposes only

Listing Broker

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