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Dollar General- Coward SC 3525 US 52 Hwy 9,100 SF Retail Building Coward, SC 29530 $1,399,000 ($153.74/SF) 6.25% Cap Rate
Investment Highlights
- Newer LED lighting interior & exterior
- 15 year initial term- 9 years remaining
- 10% rent increase each option
- NNN- Zero landlord responsibilities
- Five- 5 year options
- 14,400 VPD
Executive Summary
Premier Real Estate Team is pleased to present this 9,100 square foot Dollar General store located in Coward, SC. The property features a 15-year lease expiring in 2034. There are five, 5-year options left with a 10% rent increase with each option. The property has a NNN Lease, leaving no Landlord Responsibilities. The lease is corporately guaranteed by Dollar General, Inc. Dollar General has operated at this location since lease commencement in 2019.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
B
Year Built
2019
Price
$1,399,000
Price Per SF
$153.74
Cap Rate
6.25%
NOI
$87,420
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
2.00 AC
Frontage
336’ on US Hwy 52
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- 9,100 SF
- $8.73
- Triple Net
- Aug 2034
Dollar General is a national discount retailer operating multiple neighborhood-scale stores throughout New Port Richey, Florida. The Massachusetts Avenue location serves surrounding residential neighborhoods with a broad assortment of everyday necessities at low price points. The store offers groceries, snacks, health and beauty products, cleaning supplies, basic apparel, paper goods, seasonal items, and private-label merchandise.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | 9,100 SF | $8.73 | Triple Net | Aug 2034 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 00191-03-202 | Improvements Assessment | $9,452 |
| Land Assessment | $1,534 | Total Assessment | $10,986 |
Property Taxes
Parcel Number
00191-03-202
Land Assessment
$1,534
Improvements Assessment
$9,452
Total Assessment
$10,986
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Videos
Matterport 3D Exterior
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Dollar General- Coward SC | 3525 US 52 Hwy
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