1040 Broad St
Sumter, SC 29150
Dollar General | Infill Location · Retail Property For Sale

Marcus & Millichap is pleased to present for sale a 12,000 square foot building located in Sumter, South Carolina. The building was constructed in 1993 and renovated in 2009. Dollar General occupies 9,195/SF (approximately 75% of the building) with a corporate guaranteed lease featuring four, five-year options. Dollar General has been at this location for more than 10 years and exercised an early extension in 2018. The property operates as a single tenant investment with Dollar General subject to a long-term NN lease with minimal landlord responsibilities. The building does have approximately 3,000/SF of additional space available which gives the investment a unique value-add opportunity. The subject property is located on Broad Street directly across from Sumter Mall, a 43-acre - 345,000/SF shopping mall anchored by Belk and Roses. This is an infill location along Broad Street immediately surrounded by a Red Lobster, Super 8 by Wyndham, Goodwill, and McDonald’s. High traffic counts (27,500+ VPD) and excellent real estate fundamentals on a large 1.91 acre parcel. Additional retailers within close proximity to the property include Walgreens, Staples, Burkes Outlet, Big Lots, Walmart Super Center, Harbor Freight Tools, Lowe’s Home Improvement, TJ Maxx, ALDI, Bojangles, and Chik-fil-A. The city of Sumter is the county seat of Sumter County, South Carolina. It is located just 45-miles east of Columbia, 100-miles north of Charleston, and 100-miles west of Myrtle Beach. Major employers in Sumter include Becton Dickinson & Company Inc., Catepillar Inc., Continental Tire North America Inc., Department of Defense, and Palmetto Health. Sumter is also home to Shaw Air Force Base, one of the nation’s largest military bases and headquarters of the United States Air Forces Central Command, United States Army Central, 9th Air Force, the 20th Fighter Wing, and many other tenant units. Since World War II it has been a major source of federal and civilian employment in the area. Shaw AFB is home to more than 5,400 military members, including over 11,000 family members and over 600 civilian employees.