This property is Off-Market

3043 Alligator Rd
Florence, SC 29501 ·

9,100 SF · Retail For Sale

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Dollar General, Florence SC

Price N/A Commission Split 2%
Building Size 9,100 SF Cap Rate 8.50%
Property Type Retail Occupancy 100%
Property Sub-type Street Retail Tenancy Single
Property Use Type Net Lease Investment with 10+ years left on lease
Listing ID: 16464518 Date Created: 11/09/2009 Last Updated: 03/11/2010

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.

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

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