For Sale
$1,542,439

1236 Gentry Memorial HwyEasley, SC 29640

High-return Dollar General investment. Strong lease terms.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional investment opportunity presents a fee-simple ownership of a Dollar General store located at 1236 Gentry Memorial Hwy, Easley, SC 29640. The property, built in 2020 and totaling 9,100 square feet on a 2.03-acre lot, is situated in Pickens County, South Carolina, approximately 15 miles west of Greenville. The single-tenant, 100% occupied building operates under a triple-net (NNN) lease structure, minimizing landlord responsibilities. The current lease with Dollar General, a highly rated corporation, commenced on October 25, 2020, and has a remaining term of 10.9 years, extending to October 25, 2035. The lease includes five, 5-year renewal options, providing long-term stability and predictable income. The property benefits from its strategic location, serving as the only national essential-item retailer within a 2-mile radius and enjoying high visibility on SC-8. This presents a compelling investment opportunity with significant lease term remaining, a strong corporate guarantor, and minimal landlord responsibilities. The asking price is $1,542,439.

Highlights

  • Dollar General in Easley, SC, located on SC-8.
  • Triple-net (NNN) lease, minimizing landlord responsibilities.
  • Investment-grade tenant, Dollar General, with over 17,000 stores nationwide.
  • Minimal competition; only national essential-item retailer within a 2-mile radius.
  • Strong growth tenant; Dollar General opened over 950 new locations in 2023.
  • Long-term lease; over 10 years remaining on the base term with renewal options.

Property Details for 1236 Gentry Memorial Hwy

Property type
Retail properties, Retail space
Square Feet
9,100 SF
Year Built/Renovated
2020/2020
Buildings
1
Stories
1
Lot Size (sq. ft)
88,427 SF
Units
1

Location Insight

City
Easley
County
Pickens
State
South Carolina
Latitude
34.8465098
Longitude
-82.6504656
1236 Gentry Memorial Hwy, Easley, South Carolina

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1236 Gentry Memorial Hwy
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