Dollar General Market

$ 2,123,534Mullins, SC

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Property Details

FOR SALE

 111 Jack Meares Road

Mullins, SC 29574

PRICE$2,123,534
CAP RATE6.45%
NOI$136,968
DELIVERYMay 2024
OPENING DATEMay 2024
LEASE TERM15-Years
LEASE TYPENNN Lease
RENTAL INCREASES5% every 5th Year
RENEWAL OPTIONS(5) 5-Year Options
BUILDING SIZE12,480 SF
LOT SIZE2.2 Acres
YEAR BUILT2024
TMS4120314000000
MUNICIPALITYMarion County
GUARANTORCorporate
CONSTRUCTION TYPEStandard Prototype

HIGHLIGHTS:

  • New Lease Structure: 5% rent increases every five (5) years
  • Conveniently located on a commuter corridor capturing commuters in and out of Mullins and the surrounding residential areas
  • 4,000 vehicles per day west of the site
  • Brand New Construction
  • New LED Lighting Interior & Exterior
  • NNN – Zero Landlord Responsibilities
  • Fifteen (15) year initial term NNN lease
  • Five 5-year options
  • Opening by Early May 2024