For Sale
$2,304,909

911 Us-301 Dillon, SC 29536

High-Yield Retail Investment, SC

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General store in Dillon, South Carolina. Built in 2024, the property sits on a 3-acre lot and boasts a 15-year absolute NNN lease with a corporate guarantor, ensuring minimal landlord responsibilities. The lease, which expires July 15, 2039, includes a substantial 5% rent increase every five years, providing consistent income growth. The current annual net operating income (NOI) is $152,154, resulting in an attractive 6.60% cap rate. The property's strategic location on US-301, just 0.63 miles from downtown Dillon, benefits from high visibility and significant daily traffic volume (9,000 vehicles per day). Surrounding retailers include popular national chains such as McDonald's, Zaxby's, and Hardee's, further enhancing the property's desirability. The tenant has five five-year renewal options, offering long-term stability and predictable cash flow. This is a turnkey investment with a strong tenant, excellent location, and built-in rent escalations, making it an ideal addition to any portfolio. The property features modern amenities including new LED lighting, both interior and exterior. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with significant long-term potential.

Highlights

  • Brand-new, 12,480 SF Dollar General store on a 3-acre lot in Dillon, SC.
  • 15-year absolute NNN lease with corporate guarantee, expiring July 15, 2039, and five 5-year renewal options.
  • 6.60% cap rate with $152,154 annual NOI; 5% rent increases every five years.
  • High-visibility location on US-301, 0.63 miles from downtown Dillon, with 9,000 VPD.
  • Turnkey investment with strong tenant, excellent location, and built-in rent escalations.

Property Details for 911 Us-301

Property type
Retail properties, Grocery and convenience stores
Square Feet
12,480 SF
Year Built
2024
Lot Size (sq. ft)
130,680 SF

Location Insight

City
Dillon
County
Dillon
State
South Carolina
Latitude
34.408183
Longitude
-79.375386

FAQs

What type of property is this?
Retail property - High-Yield Retail Investment, SC
Where is the retail property located?
The property is located at 911 Us-301 Dillon, SC.
What is the asking price?
The asking price for this property is $2,304,909.
What are key features of this property?
This property features: Brand-new, 12,480 SF Dollar General store on a 3-acre lot in Dillon, SC.; 15-year absolute NNN lease with corporate guarantee, expiring July 15, 2039, and five 5-year renewal options.; 6.60% cap rate with $152,154 annual NOI; 5% rent increases every five years.
How can I contact the broker?
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911 Us-301
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