Dollar General Absolute NNN
For Sale
Contact for pricing
5797 Greenpond Rd, Gray Court, SC 29645
Recently constructed retail asset with a corporate-backed lease and no landlord obligations under the lease structure.
Property SizeContact for details
Days on Market142
Property Features for 5797 Greenpond Rd
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
2024
Construction
masonry
Tenancy
Single
Listing Agency:
The Kase Group
(925) 348-1844
Listed By:
Kase Abusharkh · License #TX 708586
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 1:16PM
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 The Kase Group
Investment Insights
Based on property information with market context.
This recently constructed Dollar General property is leased under an absolute NNN agreement, placing landlord maintenance and operating obligations with the tenant. The building has a masonry-faced front with metal siding on both sides and opened in June 2024.
The initial lease term runs for 15 years and includes five consecutive 5-year renewal options. Contractual rent increases of 5% occur every 5 years during the renewal periods. The property is located on Greenpond Rd in Gray Court, South Carolina, between Fountain Inn and Laurens, with access to the area’s Highway 14 and Interstate 385 corridors.
The initial lease term runs for 15 years and includes five consecutive 5-year renewal options. Contractual rent increases of 5% occur every 5 years during the renewal periods. The property is located on Greenpond Rd in Gray Court, South Carolina, between Fountain Inn and Laurens, with access to the area’s Highway 14 and Interstate 385 corridors.
Key Highlights
- Dollar General tenancy backed by a corporate guarantee
- 15‑year initial absolute NNN lease
- Five consecutive 5‑year renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
5k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Dollar General Market
Groceries
5,433 visits/mo
0.2 miles
Demographics for 29645, SC
10,584
Population
5,012
Households
2.1
Avg Household Size
42
Median Age
15%
College-Educated
82%
High-School Grad
106.6 sq mi
ZIP Area
99
Density / Sq Mi
$59,643
Median Household Income
$41,567
Median Earnings
$906
Median Rent
$163,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Recently constructed retail asset with a corporate-backed lease and no landlord obligations under the lease structure.
Where is this nnn property located?
The property is located at 5797 Greenpond Rd Gray Court, SC.
What are key features of this property?
This property features: Dollar General tenancy backed by a corporate guarantee; 15‑year initial absolute NNN lease; Five consecutive 5‑year renewal options
