Oswald Cooke & Associates, land and investment real estate

For Sale

Dollar General - Hickory Grove, SC

5774 Wylie Avenue, Hickory Grove, SC

Listing Price
$2,028,000
Lot Size
1.971 Acres

Listing Details

Listing Price
$2,028,000
Lot Size
1.971 Acres
Listing Type
For Sale
Status
Available

CAP RATE: 6.5%

NOI: $131,820

LEASE TERM: 15-Years

LEASE TYPE: NNN Lease

TURNOVER (estimated): March 3, 2026

RENTAL INCREASES: 5% every 5th Year

RENEWAL OPTIONS: (5) 5-Year Options

BUILDING SIZE: 9,100 SF

LOT SIZE: 1.971 Acres

TMS: 030-02-05-033

GUARANTOR: Corporate

HIGHLIGHTS

· No grocery within the trade area

· 5% rent increase every five (5) years

· Consistent population growth - 1.38% 5-mile

· The site is strategically positioned to all the housing on the going home site of Wylie Avenue, leading to an expansive, rural residential area.

· 5-mile average household income $83,567

· 9,100 SF

· Brand New Construction

· NNN – Zero Landlord Responsibilities

· 15-Year initial term NNN lease

· Five (5) year options

Listing Agents