Building Details

Tenancy Single

Listing Agency: The Kase Group k***@thekasegroup.com Show Phone

Listed By: Kase Abusharkh · License #TX 708586

Source: Crexi

Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 6:59PM

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Investment Insights

Based on property information with market context.

The property is a newly constructed Dollar General retail asset at 11415 Augusta Rd in Honea Path, South Carolina. Its lease structure is absolute NNN, with zero landlord obligations and a corporate guarantee from the tenant.

The newly executed lease has an initial 15-year term and includes five 5-year renewal options. Contractual rent increases are set at 10% during the renewal periods, providing defined lease provisions for the investment.

Key Highlights

• Dollar General retail asset at 11415 Augusta Rd, Honea Path, SC 29654
• Newly constructed building
• Newly executed absolute NNN lease

Property Analytics

Property Profile

Current Use

Dollar General Discount Store

Suggested Use

Top Pick Grocery & Convenience Store Garden Center Food Market Restaurant Shopping Center & Mall

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

11

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,497 visits/mo 0.2 miles

Demographics for 29654, SC

10,226

Population

4,232

Households

2.4

Avg Household Size

43

Median Age

17%

College-Educated

86%

High-School Grad

119.1 sq mi

ZIP Area

86

Density / Sq Mi

$62,128

Median Household Income

$40,272

Median Earnings

$924

Median Rent

$138,400

Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

NNN property - Newly constructed retail investment with an absolute NNN lease and no landlord obligations.

Where is this nnn property located?

The property is located at 11415 Augusta Rd Honea Path, SC.

What are key features of this property?

This property features: Dollar General retail asset at 11415 Augusta Rd, Honea Path, SC 29654; Newly constructed building; Newly executed absolute NNN lease