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1524 N Lake Dr
Lexington, SC 29072
Brand New Dollar General · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2017
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Zoning
ID
Parking
28 Spaces (3.07 Spaces per 1,000 SF Leased)
Frontage
204’ on N Lake Drive

ABOUT 1524 N LAKE DR , LEXINGTON, SC 29072

This property is a NNN investment with a corporate guaranteed 15 year lease that has zero landlord responsibilities. The lease has four (5) year options to renew, each with a 10% increase in rent. The lease is corporately guaranteed coupled with Dollar General's BBB- credit rating which is considered investment grade. This store has architectural improvements including, hardiplank and a brick skirt on two sides and shutters on the storefront. This store is placed strategically on the going home side on N. Lake Drive (HWY 6) 23,500 VPD with excellent visibility and access. The store will serve the surrounding community as well as the influx of people who go on Lake Murray in the summer. There is a nearby SCE&G public landing as well as a major marina called Jake's landing. Secondly the store is in close proximity to a Shell Station and BP gas station.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
003400-01-034
Land Assessment
$14,280
Improvements Assessment
$79,254
Total Assessment
$93,534
  • Listing ID: 6422678

  • Date on Market: 3/23/2017

  • Last Updated:

  • Address: 1524 N Lake Dr, Lexington, SC 29072

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