For Sale
$915,000

779 Robertson BlvdWalterboro, SC 29488

High-Yield SC Retail Property

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 9,000 square foot Dollar General retail property located at 779 Robertson Blvd, Walterboro, SC 29488. Built in 2000, this property sits on a 1.8-acre lot and boasts 35 parking spaces. The property features a strong Net Net lease with a remaining term of 6.3 years, expiring October 30, 2030. The current asking price is $915,000, representing a compelling $97.22 per square foot and a 7.91% cap rate, with a current NOI of $72,337.75. The property benefits from high visibility on a major thoroughfare, experiencing over 13,555 vehicles per day. The location is further enhanced by its proximity to a strong retail corridor featuring national tenants such as Food Lion, Walgreens, CVS, and Mavis Tires & Brakes. The surrounding area demonstrates robust demographics, with over 16,869 residents within a 5-mile radius, an average household income exceeding $50,287, and a median home value of $98,515. Consumer spending within a 5-mile radius surpasses $157.1 million. This property is zoned for commercial use and represents a stable, high-yield investment in a thriving retail market. The Dollar General store has occupied this location since 2003. All information should be independently verified.

Highlights

  • Dollar General occupies this location, established in 2003.
  • 9,000 square foot prototype store with low rent per square foot.
  • Double net lease offering minimal landlord responsibilities.
  • High visibility location with over 13,555 vehicles passing daily.
  • Dense population: over 16,869 residents within a 5-mile radius.
  • Strong retail corridor anchored by national tenants including Food Lion, Walgreens, CVS, and Mavis Tires.

Property Details for 779 Robertson Blvd

Property type
Retail properties
Square Feet
9,000 SF
Year Built
2000
Lot Size (sq. ft)
78,408 SF

Location Insight

City
Walterboro
County
Colleton
State
South Carolina
Latitude
32.9220658
Longitude
-80.6652233
779 Robertson Blvd, Walterboro, South Carolina

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779 Robertson Blvd
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