This exceptional investment opportunity presents a 16,750-square-foot Dollar Tree storefront in Roebuck, South Carolina. The property boasts a brand-new 10-year net lease with a corporate guarantee, ensuring consistent income. The building underwent a complete renovation in 2024, and features a new parking lot with approximately 45 spaces. Located on 1.278 acres, this single-tenant property offers a strong 7.75% cap rate and a substantial net operating income (NOI) of $134,000, based on an asking price of $1,729,032. The property's price per square foot is $103.23, significantly below replacement cost. The location is strategically positioned less than five miles from Highway 29, a major retail corridor in Spartanburg. The property benefits from its proximity to Interstate 26 and Highway 221, providing excellent accessibility. Furthermore, the surrounding area is experiencing significant residential growth, with over 1,079 new homes under development within a two-mile radius. The Greenville-Spartanburg MSA, where this property resides, is recognized for its robust economy, driven by manufacturing, aerospace, and a skilled workforce. Dollar Tree, a Fortune 150 company with over 15,000 locations nationwide, enjoys a strong credit rating (BBB by Standard & Poor's) and boasts annual revenue exceeding $30.6 billion. The property's location within this thriving market, coupled with the strength of the tenant and lease terms, makes this a compelling investment opportunity. The lease includes five-year renewal options. The property is 100% occupied.
Highlights
Less than 5 miles to Hwy 29, Spartanburg's main retail corridor.
New 45-space parking lot (2024).
Over 1,079 new homes are under development within 2 miles.
Low cost per square foot; below replacement cost.
Investment-grade "BBB" S&P credit rating.
Dollar Tree (DLTR), a Fortune 150 company with over 15,000 locations and $30.6B+ annual revenue.
How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Bill Sims
William Freeman
Visit Broker Website
Learn more
Useful Information
Request information
1876 Blackstock Rd, Roebuck, South Carolina, 29376
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
1876 Blackstock Rd
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.