1209 Main StBarnwell, SC 29812

  • Retail properties
  • 10,640 SF
For Sale
$1,962,454 View listing

Property Details for 1209 Main St

Year built
2024
Lot size
2.20 AC
Property size (Sq ft)
10,640 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional investment opportunity presents a brand-new, 10,640 square foot Dollar General store in Barnwell, South Carolina. Located at 1209 Main St, 29812, this property boasts a 15-year absolute NNN lease with a corporate guarantee, commencing November 18, 2024. The lease includes a 5% annual rent increase, ensuring consistent income growth. The property features a 6.60% cap rate and a strong net operating income (NOI) of $129,552. Built in 2024, this single-tenant retail building sits on a 2.2-acre lot and benefits from a prime location near key amenities, including Guinyard Butler Middle School and Lennon Parks Sports Complex. The property is strategically positioned at a main intersection leading to the downtown business district and Denmark, SC, and serves a residential area. The average household income within a 5-mile radius is $66,180. The building includes 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 growth potential. The property is 100% occupied. Five 5-year renewal options are included in the lease.

1209 Main St, Barnwell, South Carolina

Location Insight

City
Barnwell
County
Barnwell
State
South Carolina
Latitude
33.2482
Longitude
-81.3479

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