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Dollar General (Relocation Store)

401 Brushy Creek Rd, Taylors, SC 29687

Listing Price: $1,798,000

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$199.47
Lease Type
Double Net
Rent Per Square Feet
$10.97

Investment Overview

RELOCATION STORE Strong performing unit Tenant just exercised an option early for extend base term to ten (10) year Dollar General Store #2629 Original lease dated August 24, 1999 Formerly occupied inline space BEST -IN-CLASS TENANT Investment grade credit rating of BBB/Stable (S&P) 2021 financials: $32.4 B in revenue & net worth of $6.66 B Revenue growth year-over-year since 2013 DG operates 18,200+ stores across 47 states Ranked #106 on the Fortune 500 list for 2022 GREENVILLE-ANDERSON-MAULDIN, SC MSA Taylors is located within Greenville-Anderson-Mauldin, SC MSA 7.5 miles northeast of downtown Greenville Largest MSA in SC by population (Å}900k people) Forbes rankings #60 Best Places for Business and Careers #23 in Cost of Doing Business #66 in Job Growth Houses the headquarters of GE Energy, Michelin, BMW, Bosch, Fluor & Magna STRONG MARKE T DEMOGRAPHICS High growth metro of Greenville Above average density for dollar stores Population of 10k (1-mile), 65k (3-mile) & 140k (5-mile) Explosive population growth since 2000 9% (1-mile), 18% (3-mile) & 26% (5-mile) Average household incomes of $64k – $84k a 1-, 3- & 5-mile radius

Investment Highlights

  • Tenant just exercised an option early for extend base term to ten (10) year
  • Investment grade credit rating of BBB/Stable (S&P)
  • High growth metro of Greenville

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

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Dollar General (Relocation Store)

Listing Price: $1,798,000

Cap Rate
5.50%
Tenant Name
Dollar General
Years Remaining On Lease
9.8
Gross SF
9,014
Guarantor
Corporate Guarantee
Rentable SF
9,014
Price/Gross SF
$199.47
Lease Type
Double Net
Rent Per Square Feet
$10.97

Investment Highlights

  • Tenant just exercised an option early for extend base term to ten (10) year
  • Investment grade credit rating of BBB/Stable (S&P)
  • High growth metro of Greenville

Investment Overview

RELOCATION STORE Strong performing unit Tenant just exercised an option early for extend base term to ten (10) year Dollar General Store #2629 Original lease dated August 24, 1999 Formerly occupied inline space BEST -IN-CLASS TENANT Investment grade credit rating of BBB/Stable (S&P) 2021 financials: $32.4 B in revenue & net worth of $6.66 B Revenue growth year-over-year since 2013 DG operates 18,200+ stores across 47 states Ranked #106 on the Fortune 500 list for 2022 GREENVILLE-ANDERSON-MAULDIN, SC MSA Taylors is located within Greenville-Anderson-Mauldin, SC MSA 7.5 miles northeast of downtown Greenville Largest MSA in SC by population (Å}900k people) Forbes rankings #60 Best Places for Business and Careers #23 in Cost of Doing Business #66 in Job Growth Houses the headquarters of GE Energy, Michelin, BMW, Bosch, Fluor & Magna STRONG MARKE T DEMOGRAPHICS High growth metro of Greenville Above average density for dollar stores Population of 10k (1-mile), 65k (3-mile) & 140k (5-mile) Explosive population growth since 2000 9% (1-mile), 18% (3-mile) & 26% (5-mile) Average household incomes of $64k – $84k a 1-, 3- & 5-mile radius

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s): SC: 86628

    South Carolina

Financing By

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