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Dollar General 3424 S Okatie Hwy 9,002 SF Retail Building Hardeeville, SC 29927 $1,314,181 ($145.99/SF) 6.60% Cap Rate
EXECUTIVE SUMMARY
Approximately 9,002 square foot freestanding Dollar General Store.
15 year initial lease term goes through August 31, 2031.
Absolute NNN lease structure.
10% scheduled rent increases in each of the five (5) 5 year renewal options.
Explosive growth area between Bluffton (apprx 20 min from store) and Savannah (apprx 15 minutes from store).
15 year initial lease term goes through August 31, 2031.
Absolute NNN lease structure.
10% scheduled rent increases in each of the five (5) 5 year renewal options.
Explosive growth area between Bluffton (apprx 20 min from store) and Savannah (apprx 15 minutes from store).
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,002 SF
Building Class
B
Year Built
2016
Price
$1,314,181
Price Per SF
$145.99
Cap Rate
6.60%
NOI
$86,736
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.66 AC
Opportunity Zone
Yes
Parking
28 Spaces (3.11 Spaces per 1,000 SF Leased)
Frontage
140’ on South Okatie Highway
PROPERTY TAXES
| Parcel Number | 038-00-09-056 | Improvements Assessment | $65,770 |
| Land Assessment | $15,600 | Total Assessment | $81,370 |
PROPERTY TAXES
Parcel Number
038-00-09-056
Land Assessment
$15,600
Improvements Assessment
$65,770
Total Assessment
$81,370
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Dollar General | 3424 S Okatie Hwy
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