Fee Simple Dollar General
3597 Hwy 11 Travelers Rest, SC 29690
For Sale
Contact for pricing
Fee simple interest is offered in a Dollar General grocery and convenience retail store.
Property Size9,100 SF
Price / SF$157.71
Days on Market49
Property Features for 3597 Hwy 11
General Information
- Standard status
- Active
- Size
- 9,100 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2021
Listing Agency:
Furman Capital Advisors
(864) 678-5995
Listed By:
Robert Schmidt, CCIM · License #SC 81850
Source:
Crexi
Added: Jun 5
Changed: Jul 23
Last Checked: Jul 23 at 2:38AM
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 Furman Capital Advisors
Investment Insights
Based on property information with market context.
Furman Capital Advisors is pleased to offer the opportunity to purchase a fee simple interest in a Dollar General retail store. The property is marketed as a grocery and convenience store location under the broader retail property category.
The asset is located at 3597 Hwy 11 in Travelers Rest, South Carolina. The offering is structured as a direct fee simple purchase interest in the Dollar General.
Additional property details beyond the store type and offering structure were not provided.
The asset is located at 3597 Hwy 11 in Travelers Rest, South Carolina. The offering is structured as a direct fee simple purchase interest in the Dollar General.
Additional property details beyond the store type and offering structure were not provided.
Key Highlights
- Year built 2021
- Fee simple interest offered in a Dollar General in Travelers Rest, SC
- Dollar General grocery and convenience retail store
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $163.8k | $18.00 |
| − Vacancy | −$5.9k | −$0.65 |
| EGI | $157.9k | $17.35 |
| − OpEx | −$39.5k | −$4.34 |
| NOI | $118.4k | $13.01 |
9,100 SF · lease $18.00/SF/yr · vacancy 3.60% · expense 25.00%
Alternative Uses
Best Use
Retail
$1.93M
$1.69M – $2.25M
NOI $134,849 @ 7.0% cap · market cap 9.40%
Second Best
Specialty Retail
$1.69M
$1.48M – $1.97M
NOI $118,427 @ 7.0% cap · market cap 8.25%
Theoretical Best
Office A
$3.89M
$3.40M – $4.54M
NOI $272,165 @ 7.0% cap · market cap 18.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
FAQs
What type of property is this?
Grocery and convenience store - Fee simple interest is offered in a Dollar General grocery and convenience retail store.
Where is this grocery and convenience store located?
The property is located at 3597 Hwy 11 Travelers Rest, SC.
What is the asking price?
The asking price for this property is $1,435,200.
What are key features of this property?
This property features: Year built 2021; Fee simple interest offered in a Dollar General in Travelers Rest, SC; Dollar General grocery and convenience retail store
