Dollar General Plus
1215 N MAIN ST Fountain Inn, SC 29644
For Sale
Contact for pricing
Built in 2020, this Dollar General Plus is leased on an absolute triple-net basis with 9.5 years remaining.
Property Size10,640 SF
Lot Size3.79 Acres
Price / SF$170.98
Days on Market59
Property Features for 1215 N MAIN ST
General Information
- Standard status
- Active
- Size
- 10,640 SF
- Lot size
- 3.79 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2020
Listing Agency:
AMC Real Estate
(888) 737-2264
Listed By:
Angelo Iacobelli · License #MI 6501442625
Source:
Crexi
Added: May 26
Changed: Jul 23
Last Checked: Jul 23 at 11:57AM
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 AMC Real Estate
Investment Insights
Based on property information with market context.
A built-in-2020 Dollar General Plus offering on an absolute triple-net lease. The property is a 10,640 SF prototype located on a 3.79-acre site and includes ample parking to support the retailer’s high-frequency shopping model.
The site is positioned along North Main Street in Fountain Inn, South Carolina, the property’s primary commercial corridor. Publicly stated exposure is approximately 14,664 vehicles per day, and the property is described as offering strong visibility. The offering is supported by a corporate lease structure with approximately 9.5 years remaining on an initial 15-year term and five additional 5-year renewal options, each with 10% rent bumps.
The surrounding trade area is described in the marketing materials as affluent, with average household incomes exceeding $100,000 within a 2, 3, 5, and 10-mile radius, along with 2%+ population growth and active new residential development throughout the corridor.
The site is positioned along North Main Street in Fountain Inn, South Carolina, the property’s primary commercial corridor. Publicly stated exposure is approximately 14,664 vehicles per day, and the property is described as offering strong visibility. The offering is supported by a corporate lease structure with approximately 9.5 years remaining on an initial 15-year term and five additional 5-year renewal options, each with 10% rent bumps.
The surrounding trade area is described in the marketing materials as affluent, with average household incomes exceeding $100,000 within a 2, 3, 5, and 10-mile radius, along with 2%+ population growth and active new residential development throughout the corridor.
Key Highlights
- Dollar General Plus built in 2020, oversized 10,640 SF prototype on a 3.79‑acre lot
- Absolute triple‑net lease structure
- Lease has 9.5 years remaining on an initial 15‑year corporate term
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 | $233.7k | $21.96 |
| − Vacancy | −$8.4k | −$0.79 |
| EGI | $225.2k | $21.17 |
| − OpEx | −$67.6k | −$6.35 |
| NOI | $157.7k | $14.82 |
10,640 SF · lease $21.96/SF/yr · vacancy 3.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.25M
$1.97M – $2.63M
NOI $157,670 @ 7.0% cap · market cap 8.67%
Second Best
Specialty Retail
$1.98M
$1.73M – $2.31M
NOI $138,469 @ 7.0% cap · market cap 7.61%
Theoretical Best
Office A
$4.55M
$3.98M – $5.30M
NOI $318,224 @ 7.0% cap · market cap 17.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Jim Burry Auto ...
Car Dealership
Frank's auto sales
Car Dealership
Sunrise Auto Repair
Auto Repair Shop
Palmetto Motorcars LLC
Car Dealership
FedEx OnSite
Postal Service
FAQs
What type of property is this?
Grocery and convenience store - Built in 2020, this Dollar General Plus is leased on an absolute triple-net basis with 9.5 years remaining.
Where is this grocery and convenience store located?
The property is located at 1215 N MAIN ST Fountain Inn, SC.
What is the asking price?
The asking price for this property is $1,819,200.
What are key features of this property?
This property features: Dollar General Plus built in 2020, oversized 10,640 SF prototype on a 3.79‑acre lot; Absolute triple‑net lease structure; Lease has 9.5 years remaining on an initial 15‑year corporate term
