Discount
Dollar General | Upgraded Storefront | New 15-Year Absolute NNN
Cannon Rd, Waterloo, SC 29384
Listing Price: $2,172,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.47
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Waterloo, South Carolina.
Dollar General | Upgraded Storefront | New 15-Year Absolute NNN
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rent Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), Ranked #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Brand New Upgraded Construction on Oversized Parcel, Partial Brick Storefront
- Serving 70,000 Residents in Rapidly Growing Laurens County, One of the Fastest-Growing Counties in the State
- Hard Corner Location at Four-Way Intersection, Great Access and Visibility
- Just North of Piedmont Technical College (Lee Walters Campus) with 7,100 Students
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas
Discount
Dollar General | Upgraded Storefront | New 15-Year Absolute NNN
Listing Price: $2,172,000
Cap Rate
6.60%
Tenant Name
Dollar General
Years Remaining On Lease
15.1
Guarantor
Corporate Guarantee
Rentable SF
10,640
Lease Type
Absolute Net
Rent Per Square Feet
$13.47
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- 5% Rent Increases Every 5 Years in the Base Term and Options
- Investment Grade Credit Tenant (Rated 'BBB' by S&P), Ranked #112 on Fortune 500 in 2025
- Dollar General is the Nation's Largest Retailer with 20,450+ Stores
- Brand New Upgraded Construction on Oversized Parcel, Partial Brick Storefront
- Serving 70,000 Residents in Rapidly Growing Laurens County, One of the Fastest-Growing Counties in the State
- Hard Corner Location at Four-Way Intersection, Great Access and Visibility
- Just North of Piedmont Technical College (Lee Walters Campus) with 7,100 Students
Investment Overview
Marcus & Millichap is pleased to present the Dollar General in Waterloo, South Carolina.
Exclusively Listed By
Broker of Record
-
Benjamin Yelm
Senior Managing Director, Market Leader - Carolinas
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