Freestanding Retail Property For
100 Bass Dr Santee, SC
For Sale
Contact for pricing
Freestanding retail property with investment-grade tenant Dollar Tree.
Property Size9,993 SF
Lot Size1.69 Acres
Price / SF$139.50
Days on Market357
Property Features for 100 Bass Dr
General Information
Standard status
Active
Size
9,993 SF
Lot size
1.69 Acres
Property subtype
RETAIL
Listing Agency:
Furman Capital Advisors
(864) 678-5995
Listed By:
Robert Schmidt · License #81850
(864) 678-5995
Source:
Moodyscre
Added: Aug 6, 2025
Changed: Jul 10
Last Checked: Jul 21 at 6:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Furman Capital Advisors
Investment Insights
Based on property information with market context.
This retail property features a NN+ lease structure, offering a passive investment with minimal landlord responsibilities. The lease is guaranteed by Dollar Tree Stores, Inc., which holds an S&P investment-grade credit rating of BBB. Dollar Tree operates over 9,000 locations across 48 U.S. states and 5 Canadian provinces, with 2024 net sales exceeding $17 billion. Approximately 6.75 years remain on the initial lease term, with an additional 20 years available through option periods, providing long-term investment security. The property is strategically located just approximately 0.6 miles from I-95, offering market exposure and convenient access. The property has a size of 9,993 square feet.
Key Highlights
- Investment Grade Tenant: Lease guaranteed by Dollar Tree Stores, Inc. (S&P: BBB)
- Strong Lease Term: Approximately 6.75 years remaining on initial term, with options for an additional 20 years
- Minimal Landlord Responsibilities: NN+ lease structure offers a highly passive investment
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $95.9k | $9.60 |
| − Vacancy | −$11.5k | −$1.15 |
| EGI | $84.4k | $8.45 |
| − OpEx | −$25.3k | −$2.53 |
| NOI | $59.1k | $5.91 |
9,993 SF · lease $9.60/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$844.2K
$738.7K – $984.9K
NOI $59,095 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.45M
$1.27M – $1.69M
NOI $101,341 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail property with investment-grade tenant Dollar Tree.
Where is this storefront property located?
The property is located at 100 Bass Dr Santee, SC.
What is the asking price?
The asking price for this property is $1,394,000.
What are key features of this property?
This property features: Investment Grade Tenant: Lease guaranteed by Dollar Tree Stores, Inc. (S&P: BBB); Strong Lease Term: Approximately 6.75 years remaining on initial term, with options for an additional 20 years; Minimal Landlord Responsibilities: NN+ lease structure offers a highly passive investment
