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Dollar Tree & Family Dollar Combo | New Concept Store | 2021 Build

7502 Freedom Rd, Branchville, SC 29432

Listing Price: $1,839,744

Cap Rate
5.85%
Tenant Name
Family Dollar Stores of South Carolina, LLC
Years Remaining On Lease
9.6
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$175.21
Lease Type
Double Net
Rent Per Square Feet
$10.25

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the Dollar Tree Family Dollar dual branded store located in Branchville, SC. Completed in 2021, the freestanding retail building rests on approximately 1.78 acres totals 10,500 square-feet, fully leased to Dollar Tree. The tenant is on a long-term, NN lease with approximately 9.75 years of term remaining with $0.50/SF rent escalations occurring each option period and features a corporate guarantee. The subject property is primely positioned less than 1.6 miles from Branchville High School (310+ students), less than 13 miles to I-95 (50,200+ VPD), and less than 16 miles to I-26 (48,400+ VPD.) Branchville, South Carolina, is located on the southern tip of Orangeburg County, is home to the world’s oldest railroad junction, built in 1828. The town is home to roughly 1,024 people and sits just 17 miles from Orangeburg, South Carolina. Orangeburg is known as “the Garden City” and is an area of great natural beauty. Golfers, hunters, fishermen and nature lovers will enjoy exploring its many attractions. The city is home to Claflin University, South Carolina State University, Edisto Memorial Gardens, IP Stanback Museum and the Orangeburg Festival of Roses.

Investment Highlights

  • New 2021 Build | Rare New Family Dollar/Dollar Tree Combination Concept Store with Larger Footprint
  • 100% Leased to Dollar Tree/Family Dollar | Corporate Guarantee | Single-Tenant NN Lease
  • Four, 5-Year Options to Renew with $0.50/SF Rent Escalations Occurring Each Period | Approx. 9.75 Years of Term Remaining | Minimal Landlord Responsibilities
  • Dollar Tree is a Fortune 500 Tenant with Investment Grade Credit BBB (S&P) | Baa2 (Moody's)
  • Located on Freedom Road (4,000+ VPD) | Property Features Two Points on Ingress/Egress | Less than 17 Miles to Orangeburg | 13 Miles to I-95 (50,200+ VPD) | 16 Miles to I-26 (48,400+ VPD)
  • Primely Located Less than 1.6 Miles to Branchville High School (310+ Students) | Tenant has Right of First Refusal

Exclusively Listed By

Discount

Dollar Tree & Family Dollar Combo | New Concept Store | 2021 Build

Listing Price: $1,839,744

Cap Rate
5.85%
Tenant Name
Family Dollar Stores of South Carolina, LLC
Years Remaining On Lease
9.6
Gross SF
10,500
Guarantor
Corporate Guarantee
Rentable SF
10,500
Price/Gross SF
$175.21
Lease Type
Double Net
Rent Per Square Feet
$10.25

Investment Highlights

  • New 2021 Build | Rare New Family Dollar/Dollar Tree Combination Concept Store with Larger Footprint
  • 100% Leased to Dollar Tree/Family Dollar | Corporate Guarantee | Single-Tenant NN Lease
  • Four, 5-Year Options to Renew with $0.50/SF Rent Escalations Occurring Each Period | Approx. 9.75 Years of Term Remaining | Minimal Landlord Responsibilities
  • Dollar Tree is a Fortune 500 Tenant with Investment Grade Credit BBB (S&P) | Baa2 (Moody's)
  • Located on Freedom Road (4,000+ VPD) | Property Features Two Points on Ingress/Egress | Less than 17 Miles to Orangeburg | 13 Miles to I-95 (50,200+ VPD) | 16 Miles to I-26 (48,400+ VPD)
  • Primely Located Less than 1.6 Miles to Branchville High School (310+ Students) | Tenant has Right of First Refusal

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire fee simple interest in the Dollar Tree Family Dollar dual branded store located in Branchville, SC. Completed in 2021, the freestanding retail building rests on approximately 1.78 acres totals 10,500 square-feet, fully leased to Dollar Tree. The tenant is on a long-term, NN lease with approximately 9.75 years of term remaining with $0.50/SF rent escalations occurring each option period and features a corporate guarantee. The subject property is primely positioned less than 1.6 miles from Branchville High School (310+ students), less than 13 miles to I-95 (50,200+ VPD), and less than 16 miles to I-26 (48,400+ VPD.) Branchville, South Carolina, is located on the southern tip of Orangeburg County, is home to the world’s oldest railroad junction, built in 1828. The town is home to roughly 1,024 people and sits just 17 miles from Orangeburg, South Carolina. Orangeburg is known as “the Garden City” and is an area of great natural beauty. Golfers, hunters, fishermen and nature lovers will enjoy exploring its many attractions. The city is home to Claflin University, South Carolina State University, Edisto Memorial Gardens, IP Stanback Museum and the Orangeburg Festival of Roses.

Exclusively Listed By

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