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1455 Pearman Dairy Rd
Anderson, SC 29625
Dollar General Plus · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2019
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.93 AC
Zoning
unzoned

Amenities

  • Signage
  • Air Conditioning

About 1455 PEARMAN DAIRY RD , ANDERSON, SC 29625

Strong Market Demographics - Located within Greenville, SC MSA, the largest MSA in SC by population (±900k people) - Above average density for dollar stores w/ population of 31k (3-mile) & 65k (5-mile) - Explosive population growth since 2000: 43% (1-mile), 16% (3-mile) & 17% (5-mile) - Average household incomes of ±$58k within a 1-, 3- & 5-mile radius Fundamental Real Estate - Outparcel to a retail shopping center and new self-storage development - Strategically located on Hwy 28 Bypass/Pearman Dairy Road o Traffic counts of 20,500 vehicles per day o Major thoroughfare running through West Anderson o Four (4) lane road with a center turn lane - Large parcel size of 0.93 acres - Multiple points of ingress and egress Optimal Lease Structure - 2019 build-to-suit construction - Initial term of 15 years w/ five (5) 5-year renewal options - 10 percent rental increase in each option - Absolute triple net (NNN) lease with no landlord responsibilities - Corporately guaranteed by Dollar General Corporation - Relocation store w/ large store format of 10,640 SF Best-In-Class Tenant - Investment grade credit rating of BBB/Stable (S&P) - 2017 financials: $23.47 B in revenue & net worth of $6.13 B - Revenue and net income growth year-over-year since 2014 - DG operates 15,200+ stores across 44 states - Ranked #123 on the Fortune 500 list as of May 2018

Property Taxes

Property Taxes

Parcel Number
095-00-09-007
Land Assessment
$35,100
Improvements Assessment
$197,670
Total Assessment
$232,770
  • Listing ID: 16325400

  • Date on Market: 6/12/2019

  • Last Updated:

  • Address: 1455 Pearman Dairy Rd, Anderson, SC 29625

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