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Dollar General

1525 N MAIN ST ANDERSON, SC 29621

Price:
$917,650
CAP Rate:
8.50%
NOI:
$78,000
Net Rentable Area:
*9,014 SF
Lot Size:
1.04 Acres
Year Built:
2009
Status:
Available

Download the Offering Memorandum for details about the tenant, lease, financials, and more.

Property Details

  • COMMITMENT TO THE SITE
    Built-to-suit in 2009, Dollar General just extended their lease to September 2027
  • PASSIVE SLEEP-AT-NIGHT INVESTMENT
    The net lease structure offers minimal landlord obligations
  • INVESTMENT GRADE TENANT
    Dollar General boasts a strong credit rating of BBB (S&P) and has reported 34 consecutive quarters of sales growth
  • RECESSION, E-COMMERCE RESISTANT TENANT
    With over 19,000 locations, Dollar General serves every day essentials to America’s rural communities
  • DENSELY POPULATED AREA
    Anderson is the 16th most populous city in South Carolina (30,000 people) and the subject site is less than 1 mile from Anderson University (4,117 students)
* SF is an estimate, buyer to verify

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