Dollar General Net Lease
2614 Poinsett Hwy Greenville, SC 29609
For Sale
$1,350,000
Net lease retail investment leased to Dollar General on 2.7 acres, with a stated 10% rent bump in May 2029.
Days on Market71
Property Features for 2614 Poinsett Hwy
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing Agency:
Trinity Partners
(404) 435-6312
Listed By:
Tyson Glasser · License #SC90007
(404) 435-6312
Source:
Trinity-partners
Added: May 14
Changed: Jul 23
Last Checked: Jul 23 at 2:39PM
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 Trinity Partners
Investment Insights
Based on property information with market context.
This net lease retail investment is leased to Dollar General and is structured as an older NNN arrangement with the landlord having zero management/maintenance responsibility. The offering includes a stated near-term rent bump of 10% in May 2029, tied to a renewal option 1, which the remarks indicate would push the cap rate above 7.6%. The tenant is America’s #1 dollar store, operating more than 20,800 locations across 48 states, under a corporate lease with parent guaranty (NYSE: DG) and investment-grade credit ratings (S&P: BBB, Moody’s: Baa2).
The property is located at 2614 Poinsett Hwy in Greenville, South Carolina. The remarks cite traffic counts of over 23,500 on the 5-lane Poinsett Hwy north of the site and over 34,500 south of it. Within a 3-mile radius, the population is stated at over 56,000 with average household incomes over $97,000, along with over 1.5 million SF of retail space reported as 98% leased.
The property is located at 2614 Poinsett Hwy in Greenville, South Carolina. The remarks cite traffic counts of over 23,500 on the 5-lane Poinsett Hwy north of the site and over 34,500 south of it. Within a 3-mile radius, the population is stated at over 56,000 with average household incomes over $97,000, along with over 1.5 million SF of retail space reported as 98% leased.
Key Highlights
- Net lease retail investment leased to Dollar General on 2.7 acres, with a stated 10% rent bump in May 2029.
- Landlord has zero management/maintenance responsibility under the NNN lease structure.
- Dollar General is a national tenant with over 20,800 locations in 48 states; corporate lease with parent guaranty (NYSE: DG).
Property Analytics
Location Intelligence
Current Use by Public Records
Dollar General
Discount Store
Western Union
Bank
FAQs
What type of property is this?
NNN property - Net lease retail investment leased to Dollar General on 2.7 acres, with a stated 10% rent bump in May 2029.
Where is this nnn property located?
The property is located at 2614 Poinsett Hwy Greenville, SC.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Net lease retail investment leased to Dollar General on 2.7 acres, with a stated 10% rent bump in May 2029.; Landlord has zero management/maintenance responsibility under the NNN lease structure.; Dollar General is a national tenant with over 20,800 locations in 48 states; corporate lease with parent guaranty (NYSE: DG).
