This property is Off-Market

SC Hwy 340 and Hoffmeyer Road
Darlington, SC 29532 ·

9,014 SF · Retail For Sale

N/A

Print

Dollar General Store

Price N/A Cap Rate 8.25%
Building Size 9,014 SF Occupancy 100%
Property Type Retail No. Stories 1
Property Sub-type Free Standing Bldg Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease Year Built 2009
Construction Status Under Construction/Proposed Lot Size 1.46 AC
Commission Split 2%
Listing ID: 16274645 Date Created: 06/11/2009 Last Updated: 11/15/2009

Description

Free-standing 9,014 sq. ft. retail build-to-suit for Dollar General. Pre-engineered metal building with decorative split-face block and glass storefront. New fifteen year net lease with five 5 year options. Rent is $84,500 in years 1-10 and $87,035 in years 11-15. Ten percent (10%) renatl increases in each of the option periods ($95,739 in years 16-20; $105,312 in years 21-25; $115,844 in years 26-30; $127,428 in years 31-35 and $140,171 in years 36-40). Under construction with scheduled 3rd quarter 2009 delivery to DG.

Large +/- 1.46 acre corner site with over 200 feet of frontage on SC Hwy 340 and over 225 feet of frontage on Hoffmeyer Road (second access point) in a growing area south of downtown Darlington. Site is across from a busy convenience store and is within a mile of Exit 137 on I-20. I-20 connects with I-95 and Florence five miles to the east.

Highlights

  • Excellent 1031 Exchange/Investment Property
  • New Construction
  • New Fifteen (15) Year Lease
  • Strong Performer in Recession (Same Store Sales up 13% Last Quarter)
  • DG Operates Over 8,400 Stores and In Business Since 1939

Research

SC Hwy 340 and Hoffmeyer Road, Darlington, SC 29532 (Darlington County)

Darlington Market Trends - Asking price index trends, sale price trends, asking rent trends

James C. Harrison, III, CCIM's Other Listings

  • 3941 Augusta Road
    3941 Augusta Road

    West Columbia, SC 29170

    For Sale · $1,236,548

    11,900 SF Building

    Free Standing Bldg

  • 198 Stuckey Street
    198 Stuckey Street

    Johnsonville, SC 29555

    For Sale · $795,000

    16,000 SF Building

    Free Standing Bldg

  • 3594 Highway 701 South
    3594 Highway 701 South

    Conway, SC 29527

    For Sale · $1,021,935

    9,014 SF Building

    Free Standing Bldg

  • 107 Westpark Blvd
    107 Westpark Blvd

    Columbia, SC 29210

    For Sale · Price Not Disclosed

    194,000 SF Building

    Office Building

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

I am a place holder, please don't judge me!!! (no, I judge you!)