For Sale
$2,514,409

3555 Camden HwyDalzell, SC 29040

High-yield NNN lease, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a brand-new, 12,480 square foot Dollar General convenience store located at 3555 Camden Hwy, Dalzell, SC 29040. The property features a fifteen-year absolute NNN lease with a corporate guarantee, commencing November 18, 2024, and offering five, five-year renewal options with a 5% rent increase each time. The current asking price is $2,514,409, yielding a 6.60% cap rate and a net operating income (NOI) of $165,951. Built in 2024, the building includes new LED lighting, both interior and exterior. The property benefits from a prime location at a major intersection, serving a 22,000-person population within a five-mile radius, and is conveniently situated near Sumter, SC (nine miles away) and less than an hour from Columbia, SC. This strategically positioned property offers excellent visibility and accessibility to a large residential population, making it an ideal, low-maintenance investment with a strong, long-term income stream. Zero landlord responsibilities are included in this NNN lease. This is a rare opportunity to acquire a high-performing asset in a growing market.

Highlights

  • 12,480 SF building in Dalzell, SC on a major intersection.
  • NNN lease with a 15-year term and five 5-year renewal options.
  • 6.6% CAP rate and $165,951 NOI.
  • 5% rent increases every five years.
  • Corporate guarantor provides strong lease security.

Property Details for 3555 Camden Hwy

Property type
Retail properties, Grocery and convenience stores
Square Feet
12,480 SF
Year Built
2024

Location Insight

City
Dalzell
County
Sumter
State
South Carolina
Latitude
34.0150815
Longitude
-80.4211551
3555 Camden Hwy, Dalzell, South Carolina

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3555 Camden Hwy
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