3043 Alligator Rd
Florence, SC 29501 ·
9,100 SF · Retail For Sale
Dollar General, Florence SC
|Building Size||9,100 SF||Cap Rate||8.50%|
|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|
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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