Building Details

Year Built 2006

Listing Agency: Matthews Real Estate Investment Services - Corporate Show Phone

Listed By: Tanner Sanford · License #370826(TN) Show Phone

Source: Moodyscre

Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 4:33PM

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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

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Investment Insights

Based on property information with market context.

This 9,180-square-foot retail property in Marietta is occupied by Family Dollar, which has operated there since the building was completed in 2006. The lease is supported by a corporate guarantee and carries a 7.85% cap rate. Landlord responsibilities include the roof and structure.

Two five-year renewal options remain. Each option period begins with a 10% rental increase, providing defined lease escalations during the renewal terms.

Key Highlights

• 9,180‑square‑foot retail property occupied by Family Dollar since construction in 2006
• Family Dollar lease has a corporate guarantee
• Two remaining 5‑year renewal options, each with a 10% rental increase at the start of the option period

Property Analytics

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

Open Analytics

Current Use

Family Dollar (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Building Supply Auto Parts Store Grocery & Convenience Store Pharmacy Furniture & Home Goods (Bike/Boat/Book/etc) Store

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

104

Businesses Nearby

3k

Monthly Visits Nearby

Balanced

Demand for This Use

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

Market

Vacancy Rate% for Retail in South region

7% 2020

6.2% 2021

5.1% 2022

4.8% 2023

4.9% 2024

5.4% 2025

Frequently Asked Questions

What type of property is this?

Storefront property - The corporate-backed tenancy includes two remaining renewal options with scheduled rent increases.

Where is this storefront property located?

The property is located at 3055 Geer Hwy Marietta, SC.

What is the asking price?

The asking price for this property is $1,300,000.

What are key features of this property?

This property features: 9,180‑square‑foot retail property occupied by Family Dollar since construction in 2006; Family Dollar lease has a corporate guarantee; Two remaining 5‑year renewal options, each with a 10% rental increase at the start of the option period