NNN Retail
New
For Lease
Contact for pricing
3055 Geer Hwy, Marietta, SC 29661
Family Dollar has operated at the site since the building was completed in 2006.
Space Size9,180 SF
Days on Market5
Property Features for 3055 Geer Hwy
General Information
Standard status
Active
Size
9,180 SF
Property subtype
RETAIL
Spaces For Lease
at 3055 Geer Hwy
3055 Geer Hwy
AVAILABLE, 30 Days
Floor
Bldg
Size
9,180 SF
Type
RETAIL
Rate
Contact for pricing
Lease Type
NNN
Sublease
No
- Corporate Guarantee: Lease backed by Family Dollar’s corporate guarantee, providing investors with additional income security.
- Scheduled Rental Increases: Two remaining 5-year renewal options with 10% rental increases at the beginning of each option period offer potential future income growth.
- Established Operating History: Family Dollar has occupied the property since its construction in 2006, demonstrating a long-standing presence in the market.
- Attractive Investment Opportunity: Offered at a 7.85% cap rate, providing investors with an attractive initial yield.
- Recognized National Tenant: Family Dollar is an established national discount retailer serving value-oriented consumers.
- Passive Investment Opportunity: Established tenancy and predictable rental income offer investors a relatively hands-off investment, subject to landlord roof and structural responsibilities.
Contact us
Listing Agency:
Matthews Real Estate Investment Services - Corporate
(866) 889-0550
Listed By:
Tanner Sanford · License #370826(TN)
(865) 456-7821
Source:
Moodyscre
Added: Oct 26
Changed: Oct 28
Last Checked: Oct 28 at 3:57PM
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 Matthews Real Estate Investment Services - Corporate
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 9,180-square-foot retail property at 3055 Geer Hwy in Marietta, South Carolina, has been occupied by Family Dollar since its 2006 construction. The lease carries a corporate guarantee and includes two remaining five-year renewal options, each with a 10% rent increase at the start of the option period.
The landlord retains responsibility for the roof and structural components.
The landlord retains responsibility for the roof and structural components.
Key Highlights
- Family Dollar has occupied the property since 2006
- Lease backed by Family Dollar’s corporate guarantee
- Two remaining five‑year renewal options, with 10% rent increases at the start of each period
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
3k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
3,315 visits/mo
0.0 miles
Demographics for 29661, SC
5,963
Population
3,097
Households
1.9
Avg Household Size
46
Median Age
17%
College-Educated
76%
High-School Grad
81.1 sq mi
ZIP Area
74
Density / Sq Mi
$54,335
Median Household Income
$35,563
Median Earnings
$857
Median Rent
$193,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
NNN property - Family Dollar has operated at the site since the building was completed in 2006.
Where is this nnn property located?
The property is located at 3055 Geer Hwy Marietta, SC.
What are key features of this property?
This property features: Family Dollar has occupied the property since 2006; Lease backed by Family Dollar’s corporate guarantee; Two remaining five‑year renewal options, with 10% rent increases at the start of each period
