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Dollar General 1347 Main St N 9,100 SF Retail Building Allendale, SC 29810 $1,161,637 ($127.65/SF) 6.35% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease
  • Across from USC- Salkehatchie Campus
  • Upgraded construction
  • Corporate Guaranty

EXECUTIVE SUMMARY

Oswald Cooke & Associates is pleased to offer an Absolute NNN leased Dollar General. The 1.196 acre site is located on Main Street in Allendale, SC. The 9,100 SF building is subject to a 15-Year absolute NNN corporate lease which expires January 2032 with (5) 5-Year renewal options. The lease is subject to 10% rental escalations at each bump. The site is across the street from University of South Carolina Salkahatchie (1,100 Students). Allendale County has a strong tradition in agriculture, producing cotton, grain, watermelon, peaches, peanuts, corn, okra and other crops. The County is proud of it’s rich culture, filled with history and Southern tradition. Beautiful historic homes, churches and cemeteries are plentiful in this side of the region.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2017
Price
$1,161,637
Price Per SF
$127.65
Cap Rate
6.35%
NOI
$73,764
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.20 AC
Opportunity Zone
Yes

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Retailer
  • -
  • -
  • -

DG is proud to be America’s neighborhood general store. They strive to make shopping hassle-free and affordable with convenient, easy-to-shop stores all across the states. DG's stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares, seasonal items, paper products and much more from America’s most-trusted brands and products, along with high-quality private brands. From serving their customers with value and convenience and their employees with career opportunities to serving the communities they call home through literacy and education, Dollar General has been committed to its mission of Serving Others since the company’s founding in 1939.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Retailer - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
105-06-03-020
Land Assessment
$4,960
Improvements Assessment
$25,680
Total Assessment
$30,640
  • Listing ID: 35620998

  • Date on Market: 4/24/2025

  • Last Updated:

  • Address: 1347 Main St N, Allendale, SC 29810

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