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- LoopNet Team
1401-1405 E Frederick St
Gaffney, SC 29340
Food Lion & Dollar General - $10M+ Sales! · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Corporate Guaranteed Food Lion & Dollar General
- Food Lion Annual Sales Exceed $10 Million Dollars
- New Roof Membrane Installed on Food Lion Side in July 2020
- Long Term Occupancy - Food Lion Over 40 Years & Dollar General 15 Years
- Food Lion Early Excercised 5 Year Option
- Large Pylon Sign, Ample Parking Spaces
PROPERTY FACTS
- Storefront
- General Retail Convenience Store
- General Retail Freestanding
- General Retail Storefront
AMENITIES
- Pylon Sign
- Signage
ABOUT 1401-1405 E FREDERICK ST , GAFFNEY, SC 29340
Marcus & Millichap, as it's exclusive adviser, is pleased to offer for sale the South Hill Plaza with 100 percent occupancy by two National Level Corporate Guaranteed tenants - Food Lion and Dollar General. The South Hill Plaza was originally constructed in 1978 as a 30,000 square feet building built to suit for a grocery store to serve the growing community of Gaffney. An addition of 8,333 square feet was later added for Dollar General in 2004. The location benefits from two loading docs, 226 parking spaces, 482' of frontage on Frederick Street with two curb cut outs for ease of entrance/exit, large pylon sign, all located on a massive 6.45 acres of land encompassed by residential communities, schools, and churches. Food Lion, based in Salisbury, North Carolina, since 1957, operates more than 1,000 grocery stores in 10 Southeastern and Mid-Atlantic states. Food Lion proudly employs more than 63,000 associates and serves approximately 10 million customers a week. By leveraging longstanding heritage of low prices and convenient locations, Food Lion works to provide the easiest full shop grocery experience in the Southeast for customers, and is anchored by a strong commitment to affordability, freshness and the communities they serve. Dollar General strives to make shopping hassle-free and affordable with more than 15,000 convenient, easy-to-shop stores in 44 states. Their stores deliver everyday low prices on items including food, snacks, health and beauty aids, cleaning supplies, family apparel, housewares, seasonal items, paper products and much more from Americas most-trusted brands and products, along with Dollar Generals high-quality private brands.
PROPERTY TAXES
| Parcel Number | 100-07-00-050.000 | Improvements Assessment | $146,400 |
| Land Assessment | $21,300 | Total Assessment | $167,700 |
PROPERTY TAXES
Listing ID: 18666953
Date on Market: 2/27/2020
Last Updated:
Address: 1401-1405 E Frederick St, Gaffney, SC 29340
The Retail Property at 1401-1405 E Frederick St, Gaffney, SC 29340 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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