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Dollar General 53 Cannon Road 10,640 SF 100% Leased Retail Building Waterloo, SC 29384 $2,172,000 ($204.14/SF) 6.60% Cap Rate
Investment Highlights
- 15-Year Absolute NNN Lease, No Landlord Responsibilities
- Investment Grade Credit Tenant (Rated ‘BBB’ by S&P), Ranked #112 on Fortune 500 in 2025
- Brand New Upgraded Construction on Oversized Parcel, Partial Brick Storefront
- 5% Rent Increases Every 5 Years in the Base Term and Options
- Dollar General is the Nation’s Largest Retailer with 20,450+ Stores
- Serving 70,000 Residents in Rapidly Growing Laurens County, One of the Fastest-Growing Counties in the State
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
10,640 SF
Year Built
2026
Price
$2,172,000
Price Per SF
$204.14
Cap Rate
6.60%
NOI
$143,328
Percent Leased
100%
Building Height
1 Story
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
1 of 2
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Dollar General | 53 Cannon Road
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