Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the brand new Dollar Tree located in Santee, SC. The freestanding retail building was completed in 2022 and totals 9,993 square-feet, fully leased to Dollar Tree. The subject property rests on approximately 1.78 acres situated on the hard corner of Bass Drive (4,400+ VPD) & William Clark Blvd. The tenant, Dollar Tree is on a long-term, NN lease with approximately 9.75 years of term remaining, $0.50/SF rent escalations occurring each option period, and features a corporate guarantee. The subject property is primely positioned less than 0.4 miles from Old Number Six Hwy (11,300+ VPD) & less than 0.6 miles from I-95 (38,900+ VPD.) Located in a dense retail corridor, the property sits directly across from a Food Lion & Family Dollar anchored strip center, and is immediately surrounded by other national retailers including McDonald’s, Starbucks, Bojangles, Dollar General, South State Bank, & many more. Located in Orangeburg County, Santee, South Carolina is known for its golf and fishing experience, Santee’s natural beauty and abundant wildlife make it an ideal destination for nature lovers. Santee is situated off I-95 in the middle of the state, right on the south side of South Carolina’s largest lake—Lake Marion. With 315 miles of shoreline, the lake covers nearly 110,000 acres and offers some of the best fishing in the state. This man-made hydroelectric reservoir is one of the 50 largest lakes in the country and is often referred to as South Carolina’s inland sea.