Dollar General Net Lease
For Sale
$1,350,000
2614 Poinsett Hwy, Greenville, SC 29609
Net lease retail investment leased to Dollar General on 2.7 acres, with a stated 10% rent bump in May 2029.
Property Size9,026 SF
Days on Market118
Property Features for 2614 Poinsett Hwy
General Information
Standard status
Active
Size
9,026 SF
Property subtype
Retail
Building Details
Building Size
9,026 SF
Tenancy
Single
Listing Agency:
RealtyLink - Corporate
Listed By:
Tyson Glasser
(404) 435-6312
Source:
Trinity-partners
Added: May 14
Changed: Sep 5
Last Checked: Sep 7 at 7:11AM
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 RealtyLink - Corporate
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
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
162
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
12,359 visits/mo
0.2 miles
Dollar General
Shops & Services
6,538 visits/mo
0.1 miles
Demographics for 29609, SC
31,547
Population
14,840
Households
2.1
Avg Household Size
38
Median Age
47%
College-Educated
89%
High-School Grad
24.3 sq mi
ZIP Area
1,298
Density / Sq Mi
$64,837
Median Household Income
$42,293
Median Earnings
$1,078
Median Rent
$303,800
Median Home Value
Market
Vacancy Rate% for Retail in Greenville, SC
Questions? Ask Rey
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Frequently Asked Questions
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).
