Historical Retail Sale Listing - Dollar General, Florence SC

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Dollar General, Florence SC

3043 Alligator Rd, Florence, SC 29501

N/A

9,100 SF | Retail

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Retail Property - Off Market

Price:
N/A
Building Size:
9,100 SF
Property Type:
Retail
Property Sub-type:
Street Retail
Property Use Type:
Net Lease Investment with
10+ years left on lease
Commission Split:
2%
Cap Rate:
8.50%
Occupancy:
100%
Tenancy:
Single
Listing ID
16464518
Last Updated
over 1 year ago

Description

This 9,100 sf building has a lease commencement date of May 2010. The initial lease term is 15 years with a 3% increase in year 11-15. There are 5 five year options with 10% increases in each option. Dollar General is a National credit and maintains "Positive" (highest possible) rating from Moody's Investment.

Intersection of Aligator Rd. & Knollwood Rd. Adjacent to Forest Lake Garden Center; proximate to multiple new residential developments with hundreds of new housing units, Savannah Grove Elementary School, Savannah Grove Recreation Center, as well as other local businesses.

Map of 3043 Alligator Rd, Florence, SC 29501 (Florence County)

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