Dollar General

$ 1,848,774Alcolu, SC

 More Information

Property Details

4845 Sumter Hwy

Alcolu, SC 

PRICE$1,848,774
CAP RATE6.2%
NOI$114,624
LEASE TERM15-Years
LEASE TYPEAbsolute NNN Lease
RENTAL INCREASES10% every 5th during options
RENEWAL OPTIONS(5) 5-Year Options
BUILDING SIZE10,640 SF
LOT SIZEAcres
YEAR BUILT2023
MUNICIPALITYClarendon County
GUARANTORCorporate

Highlights:

  • New Construction (November 2023)
  • Conveniently located on a main highway capturing commuter traffic
  • Traffic count of 7,500 vehicles-per-day
  • New LED Lighting Interior & Exterior
  • NNN – Zero Landlord Responsibilities
  • 15-Year NNN lease term
  • (5) 5-Year renewal options
  • 10% rent increase at the start of each option
  • Opening in the beginning of November 2023