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Family Dollar 3216 E Palmetto St 8,000 SF Retail Building Florence, SC 29506 $1,420,000 ($177.50/SF) 7.50% Cap Rate
Investment Highlights
- Approximately 10.25 Years of Guaranteed Lease Term (Lease Exp: September 2036)
- 8,000 SF Building | 1.44 Acre Parcel
- Landlord Responsible for Roof & Parking Lot | Tenant Responsible for HVAC
- 2012 Construction - Build-to-Suit Family Dollar
- In February 2026, Family Dollar Extended the Lease for an Additional 9 Years Signifying Their Long Term Commitment to this Location
- 5-Mile Demographics: 38,421 Residents | $81,934 Average Household Income
Executive Summary
Schuchert Retail Group is pleased to exclusively present for sale the 8,000 SF Family Dollar located at 3216 E Palmetto St, Florence, SC 29506.
In Cooperation With: Brian Brockman - Bang Realty-South Carolina Inc.
SC License #108250
In Cooperation With: Brian Brockman - Bang Realty-South Carolina Inc.
SC License #108250
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$106,501
|
$13.31
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $106,501 |
| Annual Per SF | $13.31 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,000 SF
Building Class
B
Year Built
2013
Price
$1,420,000
Price Per SF
$177.50
Cap Rate
7.50%
NOI
$106,501
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.44 AC
Parking
34 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
221’ on E Palmetto St.
Amenities
- Pylon Sign
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 8,000 SF
- -
- Double Net
- Sep 2036
Family Dollar began in 1959 as a discount variety store chain and grew from a neighborhood retail concept into a nationwide business serving everyday shopping needs. The company focuses on affordable family essentials and carries food and beverages, paper products, health and beauty supplies, pet food, home products, apparel and accessories, seasonal goods, and electronics. Family Dollar supports convenient value shopping through national brands, private-label items, and digital savings tools across the United States.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 8,000 SF | - | Double Net | Sep 2036 |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 90160-01-023 | Improvements Assessment | $1,706 |
| Land Assessment | $1,902 | Total Assessment | $3,608 |
Property Taxes
Parcel Number
90160-01-023
Land Assessment
$1,902
Improvements Assessment
$1,706
Total Assessment
$3,608
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