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New Grocery and Convenience Store
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Pending

36 Seay St, Barnwell, SC 29812

Freestanding retail facility leased to Dollar General under a long-term NNN structure with multiple renewal options.

Property Size10,640 SF
Days on Market142

Property Features for 36 Seay St

General Information

Standard status Pending
Size 10,640 SF
Property subtype Retail

Additional Details

Cap Rate 6.2%
Traffic Count 7,300 vehicles/day

Amenities

LED lighting

Building Details

Buildings 1
Tenancy Single
Listing Agency: Googer Real Estate
Listed By: Greg Googer · License #SC45537
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 6:50AM

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 Googer Real Estate

Investment Insights

Based on property information with market context.

This new grocery and convenience store contains 10,640 square feet and is leased to Dollar General under a 15-year initial NNN lease. The agreement includes a 5% rent increase every five years and five additional five-year options. New LED lighting has been installed throughout the interior and exterior, and the store’s estimated opening was mid-April 2024.

The property is located at 36 Seay St in Barnwell, South Carolina, along US Hwy 278. The site records traffic of 7,300 Vehicles Per Day and serves a corridor connecting Barnwell with surrounding residential areas. Within a 3-mile radius, the area includes over 2,000 households and a population of nearly 6,000.

Key Highlights

  • 10,640‑square‑foot new Dollar General store
  • 15‑year initial NNN lease with five additional five‑year options
  • 5% rent increase every five years

Property Analytics

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Auto Repair Shop Food Market Adult Day Care Wine and Liquor 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.

Lease Details

7,300 VPD
Traffic count
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby
Well-served
Demand for This Use

Demographics for 29812, SC

11,107
Population
5,061
Households
2.2
Avg Household Size
41
Median Age
16%
College-Educated
80%
High-School Grad
173.5 sq mi
ZIP Area
64
Density / Sq Mi
$44,494
Median Household Income
$32,641
Median Earnings
$656
Median Rent
$105,100
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?
Grocery and convenience store - Freestanding retail facility leased to Dollar General under a long-term NNN structure with multiple renewal options.
Where is this grocery and convenience store located?
The property is located at 36 Seay St Barnwell, SC.
What are key features of this property?
This property features: 10,640‑square‑foot new Dollar General store; 15‑year initial NNN lease with five additional five‑year options; 5% rent increase every five years
More about this property
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