Dollar General

$ 1,830,187Latta, SC

 More Information

Property Details

FOR SALE

2061 Hwy 917 West

Latta, SC 29565

PRICE$1,830,187
CAP RATE6.4%
NOI$117,132
LEASE TERM15-Years
LEASE TYPENNN Lease
RENTAL INCREASES5% every 5th Year
RENEWAL OPTIONS(5) 5-Year Options
BUILDING SIZE10,640 SF
DELIVERY DATEEnd of December 2023
OPENING DATEEarly January 2024 (Estimated)
MUNICIPALITYDillon County
GUARANTORCorporate
PROTOTYPEStandard
  • New Lease Structure: 5% rent increase every five (5) years
  • 10,400 VPD on Hwy 38/917
  • Dollar General: 10,640 SF building
  • Conveniently located to collect commuter traffic to Latta and Myrtle Beach
  • Brand New Construction
  • New LED Lighting Interior & Exterior
  • NNN – Zero Landlord Responsibilities
  • 15-Year initial term NNN lease
  • Five (5) year options
  • Opening by Early January 2024