Share This Listing

Message

933 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

215 W Savannah St
Calhoun Falls, SC 29628
Family Dollar/Dollar Tree · Retail Property For Sale

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • 2022 Built-to-suit construction for Family Dollar Tree
  • Five, 5-Year Options with rent increases of $5,250 ($.50 PSF)
  • ±8.5-Year NN+ lease w/ limited landlord responsibilities
  • Extremely strong corporately guaranteed lease

EXECUTIVE SUMMARY

Located 50 Miles East of Athens, GA on Highway 72, a main artery from Georgia to South Carolina. Family Dollar Tree Combo stores have proven 20% higher sales volume than non co-branded stores. Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000 locations. Dollar Tree boasts an investment-grade credit rating of BBB-. Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
10,500 SF
Building Class
C
Year Built
2022
Price
$1,358,084
Price Per SF
$129.34
Cap Rate
8.35%
NOI
$113,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
2.10 AC
Zoning
C - Commercial
Parking
23 Spaces (2.19 Spaces per 1,000 SF Leased)
Frontage
613’ on Calhoun Shores Parkway

AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
153-15-06-003
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,400
  • Listing ID: 32734141

  • Date on Market: 8/8/2024

  • Last Updated:

  • Address: 215 W Savannah St, Calhoun Falls, SC 29628

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}