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Dollar General | NNN Lease | 12 Years Remaining

2425 SC-252, Belton, SC 29627

Listing Price: $1,523,008

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
12.3
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$168.74
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.38

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased Dollar General, with 12 years of term remaining. It is corporately guaranteed by Dollar General Corporation and comes with no landlord responsibilities. Subject property was recently constructed in 2020 and has a large lot with an abundance of parking. It is very visible with ample frontage along Highway 252 and is at the center of multiple roads converging. It is surrounded by a growing population, with nearly 8% growth since 2010, and another 3% expected by 2027. Many schools with high enrollment surround subject property, including Anderson University, only 17 minutes away with more than 4,100 students enrolled. *Subject property is available as one, or as a portfolio

Investment Highlights

  • Triple Net Lease on a Dollar General | 12 Years Remaining on Lease Term
  • Corporately Guaranteed by Dollar General Corporation | No Landlord Responsibilities
  • 2020 Construction | 9,026 Square Feet | Large Lot with an Abundance of Parking | 5.47 Acres
  • High Visibility at the Center of Multiple Roads Converging Including Route 20, 252, and 284
  • 8,338 People Live Within Five Miles | 7.9% Population Growth Since 2010
  • Eight Minutes from Belton-Honea Path High School | 1,065 Students
  • 0.3 Miles from Belton Bed and Breakfast

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 | NNN Lease | 12 Years Remaining

Listing Price: $1,523,008

Cap Rate
6.15%
Tenant Name
Dollar General
Years Remaining On Lease
12.3
Gross SF
9,026
Guarantor
Corporate Guarantee
Rentable SF
9,026
Price/Gross SF
$168.74
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$10.38

Investment Highlights

  • Triple Net Lease on a Dollar General | 12 Years Remaining on Lease Term
  • Corporately Guaranteed by Dollar General Corporation | No Landlord Responsibilities
  • 2020 Construction | 9,026 Square Feet | Large Lot with an Abundance of Parking | 5.47 Acres
  • High Visibility at the Center of Multiple Roads Converging Including Route 20, 252, and 284
  • 8,338 People Live Within Five Miles | 7.9% Population Growth Since 2010
  • Eight Minutes from Belton-Honea Path High School | 1,065 Students
  • 0.3 Miles from Belton Bed and Breakfast

Investment Overview

Marcus & Millichap is pleased to exclusively present a NNN leased Dollar General, with 12 years of term remaining. It is corporately guaranteed by Dollar General Corporation and comes with no landlord responsibilities. Subject property was recently constructed in 2020 and has a large lot with an abundance of parking. It is very visible with ample frontage along Highway 252 and is at the center of multiple roads converging. It is surrounded by a growing population, with nearly 8% growth since 2010, and another 3% expected by 2027. Many schools with high enrollment surround subject property, including Anderson University, only 17 minutes away with more than 4,100 students enrolled. *Subject property is available as one, or as a portfolio

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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