For Sale
$849,000

1090 Main StWest Columbia, SC 29170

High-visibility retail property, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a single-tenant, net-leased Dollar General store located at 1090 Main St, West Columbia, SC 29170, in Lexington County. The property boasts a substantial 9,100 square feet on a 3.96-acre lot, built in 2004. The building is a single-story structure with ample parking for 43 vehicles. The current lease with Dolgencorp LLC/Dollar General has a remaining term of approximately two years, with four renewal options, each including an 8% rent increase. The initial lease term was 15 years, commencing March 31, 2004, and expiring March 30, 2026. The property generates a strong net operating income (NOI) of $58,014. The property's high visibility location and the strength of the Dollar General brand, with over 19,000 locations nationwide and 82+ years in business, make this a compelling investment prospect. The APN is 007896-02-088. This is a rare opportunity to acquire a well-established, income-producing retail property with a long history of success. The asking price is $849,000.

Highlights

  • Dollar General Net Lease Investment Opportunity.
  • Strong tenant: Dolgencorp LLC/Dollar General.
  • Initial 15-year lease with 2+ years remaining.
  • Four renewal options with 8% rent increases each.
  • Current NOI: $58,014.

Property Details for 1090 Main St

Property type
Retail properties, Land
Square Feet
9,100 SF
Year Built
2004
Stories
1
Lot Size (sq. ft)
172,498 SF

Location Insight

City
West Columbia
County
Lexington
State
South Carolina
Latitude
33.9053585
Longitude
-81.1425739
1090 Main St, West Columbia, South Carolina

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1090 Main St
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