225 E Main St, Salem, SC 29676

Listing Agency: Furman Capital Advisors Show Phone

Listed By: Robert Schmidt · License SC #81850 Show Phone

Source: Moodyscre

Added: Nov 13 Changed: Nov 14 Last Checked: Nov 14 at 2:20PM

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Investment Insights

Based on property information with market context.

The 9,014-square-foot retail property at 225 E Main St in Salem, SC is occupied by Dollar General. The lease provides for a 17% rent increase beginning 6/1/2030, at the first renewal option, followed by 7% increases during options 2–4.

CenterCheck places the store in the 62nd percentile nationally for annual credit card sales volume. The offering is reported at a 7.25% cap rate.

Key Highlights

• 9,014 square feet of retail space occupied by Dollar General
• Lease calls for a 17% increase at the first renewal option beginning 6/1/2030
• 7% rent increases apply to options 2–4

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Dollar General Discount Store Western Union Bank Redbox Cinema FedEx OnSite Postal Service

Suggested Use

Top Pick Storage Facility Big Box & Wholesale Store Grocery & Convenience Store HVAC Service Restaurant Hair Salon

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

Location Intelligence

Trade Area within ½ mile

41

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,505 visits/mo 0.1 miles

Demographics for 29676, SC

5,641

Population

3,657

Households

1.5

Avg Household Size

63

Median Age

50%

College-Educated

89%

High-School Grad

72.1 sq mi

ZIP Area

78

Density / Sq Mi

$92,206

Median Household Income

$47,757

Median Earnings

$935

Median Rent

$403,600

Median Home Value

Market

Average Price Trend$/SF for Retail space in Oconee County, SC

$157 Jul

$126 Aug

$126 Sep

$116 Oct

Properties on Market for Retail space in Oconee County

Jul

Aug

Sep

Oct

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?

Retail space - The space is occupied by Dollar General under a lease with scheduled rent increases at renewal.

Where is this retail space located?

The property is located at 225 E Main St Salem, SC.

What is the asking price?

The asking price for this property is $709,000.

What are key features of this property?

This property features: 9,014 square feet of retail space occupied by Dollar General; Lease calls for a 17% increase at the first renewal option beginning 6/1/2030; 7% rent increases apply to options 2–4