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Dollar General Portfolio | South Carolina

1907 River Oak Rd, Chesnee, SC 29323

Listing Price: $7,802,171

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
12.6
Gross SF
45,082
Guarantor
Corporate Guarantee
Rentable SF
45,082
Price/Gross SF
$173.07
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.95

Investment Overview

Marcus & Millichap is pleased to exclusively present a Dollar General portfolio, with five locations throughout South Carolina. All corporately guaranteed, triple net leases with no landlord responsibilities and 11 to 13 years of term remaining. All leases offer five, five-year renewal options with 10% rental increases. Subject properties range from 9,002 to 9,026 square feet, and were recently constructed in 2019 and 2020. All properties sit on large lots with an abundance of parking.

Investment Highlights

  • Triple Net Lease, Corporately Guaranteed Dollar Generals | 11-13 Years Remaining on Lease Term
  • All Triple Net Leases | No Landlord Responsibilities | Corporately Guaranteed by Dollar General Corporation
  • Ranging from 9,002 to 9,026 Square Feet, Three Locations were Built in 2019 and Two in 2020
  • All Leases Offer Five, Five-Year Renewal Options with 10% Rental Increases
  • One Location has 11 Years Remaining, Three have 12 Years, and One has 13 Years
  • All Properties are Situated on Large Lots with an Abundance of Parking

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Vice President/Regional Manager

    (843) 952-2300

    License(s) SC: 86628

    South Carolina

Financing By

Discount

Dollar General Portfolio | South Carolina

Listing Price: $7,802,171

Cap Rate
5.75%
Tenant Name
Dollar General
Years Remaining On Lease
12.6
Gross SF
45,082
Guarantor
Corporate Guarantee
Rentable SF
45,082
Price/Gross SF
$173.07
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$9.95

Investment Highlights

  • Triple Net Lease, Corporately Guaranteed Dollar Generals | 11-13 Years Remaining on Lease Term
  • All Triple Net Leases | No Landlord Responsibilities | Corporately Guaranteed by Dollar General Corporation
  • Ranging from 9,002 to 9,026 Square Feet, Three Locations were Built in 2019 and Two in 2020
  • All Leases Offer Five, Five-Year Renewal Options with 10% Rental Increases
  • One Location has 11 Years Remaining, Three have 12 Years, and One has 13 Years
  • All Properties are Situated on Large Lots with an Abundance of Parking

Investment Overview

Marcus & Millichap is pleased to exclusively present a Dollar General portfolio, with five locations throughout South Carolina. All corporately guaranteed, triple net leases with no landlord responsibilities and 11 to 13 years of term remaining. All leases offer five, five-year renewal options with 10% rental increases. Subject properties range from 9,002 to 9,026 square feet, and were recently constructed in 2019 and 2020. All properties sit on large lots with an abundance of parking.

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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