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Absolute NNN Dollar General Retail
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316 E Greer St, Honea Path, SC 29654

Absolute NNN structure with a long-term lease guaranteed by Dollar General Corporation.

Property Size10,640 SF
Price / SF$127.91
Days on Market198

Property Features for 316 E Greer St

General Information

Standard status Active
Size 10,640 SF
Property subtype RETAIL
Listing Agency: Matthews Real Estate Investment Services | Atlanta
Listed By: Connor Knauer · License #CQ1066435,BK3554632(FL)
Source: Moodyscre
Added: Feb 3 Changed: Aug 15 Last Checked: Aug 20 at 1:02PM

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 | Atlanta

Investment Insights

Based on property information with market context.

This Dollar General retail property is offered on an absolute NNN lease structure, described as requiring zero landlord responsibilities. The primary lease has more than 8 years remaining, supported by a corporate guarantee from Dollar General Corporation. The lease includes 10% rent escalations at each of the five (5) five-year renewal options.

Dollar General (NYSE: DG) is rated BBB by Standard & Poor’s, and the property is described as ranking in the 86th percentile nationally for sales performance. The store serves as a key provider of groceries and daily necessities in a rural/suburban trade area, and is located in close proximity to retailers including CVS, Food Lion, Burger King, and O’Reilly Auto Parts.

The 1-mile population is expected to grow by almost 10% in the next 5 years, supporting continued demand for everyday retail services.

Key Highlights

  • Absolute NNN lease structure with zero landlord responsibilities (passive investment with no operational obligations).
  • More than 8 years remaining in the primary lease term for durable, predictable cash flow.
  • Corporate guarantee by Dollar General Corporation (NYSE: DG).

Property Analytics

Current Use

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

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

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

235
Businesses Nearby
81k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 46% Dining 27% Groceries 19% Home Improvements & Furnishings 7%
Spinx Shops & Services
18,560 visits/mo 0.2 miles
Food Lion Grocery Store Groceries
15,555 visits/mo 0.1 miles
Hardee's Dining
8,662 visits/mo 0.1 miles
Burger King Dining
8,415 visits/mo 0.0 miles
Dollar Tree Shops & Services
7,648 visits/mo 0.1 miles

Demographics for 29654, SC

10,226
Population
4,232
Households
2.4
Avg Household Size
43
Median Age
17%
College-Educated
86%
High-School Grad
119.1 sq mi
ZIP Area
86
Density / Sq Mi
$62,128
Median Household Income
$40,272
Median Earnings
$924
Median Rent
$138,400
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
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Frequently Asked Questions

What type of property is this?
NNN property - Absolute NNN structure with a long-term lease guaranteed by Dollar General Corporation.
Where is this nnn property located?
The property is located at 316 E Greer St Honea Path, SC.
What is the asking price?
The asking price for this property is $1,361,000.
What are key features of this property?
This property features: Absolute NNN lease structure with zero landlord responsibilities (passive investment with no operational obligations).; More than 8 years remaining in the primary lease term for durable, predictable cash flow.; Corporate guarantee by Dollar General Corporation (NYSE: DG).
(813) 335-5893 Call to check price and availability
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