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Family Dollar 942 Broad River Rd 9,180 SF Retail Building Columbia, SC 29210 $1,835,000 ($199.89/SF) 7.82% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Ranked in the top 14% of South Carolina Family Dollar locations, per AlphaMaps
  • 4.3 miles from the University of South Carolina (53k+ students)
  • Relocated to this site from the shopping center across the street
  • Rare absolute NNN lease with CPI rent increases every 3 years
  • 1.40 AC lot with multiple access points on a high traffic street (28k VPD)
  • Strong demographics with a population over 158k within a 5 mile radius

EXECUTIVE SUMMARY

Large Price Reduction! Transwestern is pleased to exclusively offer for sale a single tenant Family Dollar in Columbia, South Carolina. Family Dollar has a rare absolute NNN lease with CPI rent increases every 3 years. The 9,180 SF building sits on a hard corner, with 1.40 acres of land and multiple access points. Family Dollar strategically relocated to this site from the shopping center across the street in 2015. Just 4.3 miles from the University of South Carolina with over 53,000 students, the subject property is located in the heart of Columbia with dense demographics and is surrounded by national retailers.
Broker of Record: Bradley Fulkerson SC# 89107

PROPERTY FACTS

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2015
Price
$1,835,000
Price Per SF
$199.89
Cap Rate
7.82%
NOI
$143,565
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.40 AC
Zoning
RAC
Frontage
408’ on Broad River Rd

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 9,180 SF
  • $13.14
  • Triple Net
  • Apr 2030

Family Dollar is a neighborhood-focused retailer committed to providing everyday essentials at affordable prices. With merchandise typically ranging from $1 to $10, Family Dollar offers a wide selection of competitively priced national brands alongside value-driven private labels. Customers can find food and beverages, paper goods, health and beauty products, pet supplies, home décor, apparel, seasonal items, and personal electronics—all in one convenient location. Family Dollar stores are strategically located in communities across the country, including underserved areas often lacking access to affordable retail options. By placing stores in these neighborhoods, Family Dollar helps improve the availability of essential goods while saving customers time and money. The company’s mission is rooted in delivering value, convenience, and reliability to families seeking quality products on a budget.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 9,180 SF $13.14 Triple Net Apr 2030

NEARBY MAJOR RETAILERS

Synovus Financial Corp
Food Lion
The Melting Pot
Blimpie
Truist
Bank of America
Zaxby's
Lizard's Thicket
Planet Fitness
Waffle House

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07311-05-01
Land Assessment
$487,900
Improvements Assessment
$869,600
Total Assessment
$1,357,500
  • Listing ID: 33042653

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 942 Broad River Rd, Columbia, SC 29210

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