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Browse More Listings in Retail For Sale, Bethune, SC or South Carolina

Retail Property For Sale - In Contract

Dollar General (Bethune, SC)

101 King Street, Bethune, SC 29009

Price:
$470,000
Building Size:
8,000 SF
Price/SF:
$58.75
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with 9 years left on lease
Cap Rate:
9%
Occupancy:
100%
Tenancy:
Single
Find Out More...

Last Verified 11/17/2009 Listing ID 16276716

Description

Dollar General located in Bethune, South Carolina offered for $470,000 at a 9.00% current cap rate. Dollar General' s current lease runs through August 2017 with a rent bump in 2010; the initial lease will be followed by two 5 yr option periods. Dollar General reimburses for taxes, insurance and common area maintenance.

Dollar General is the nation's largest discount retailer with over 8,300 stores nationwide. Dollar General focuses on selling general merchandise at everyday low prices primarily serving low-, middle-, and fixed-income families within a five mile radius of their stores.

Bethune is a town in Kershaw County, in South Carolina. Bethune is located 50 miles northwest of Columbia, South Carolina and 60 miles southeast of Charlotte, North Carolina. The five mile population for this store is just under 2,000.

Financial Summary

Actual
Net Operating Income
$42,300

Map of 101 King Street, Bethune, SC 29009 (Kershaw County)

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Presented by

West Town Realty

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Contact Listing Broker

Jay Goodman, CCIM (312) 243-0100

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Created 6/12/2009

Additional Information for 101 King Street E, Bethune, SC 29009

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Retail Property For Sale - Dollar General (Bethune, SC)

101 King Street, Bethune, SC, 29009