215 W Savannah St Calhoun Falls, SC 29628
NNN leased Family Dollar Tree combo store for sale.
Property size:
10,500 SFLot size:
2.58 AcresProperty Features for 215 W Savannah St
General Information
- Size
- 10,500 SF
- Lot size
- 2.58 Acres
Source:
Moodyscre
Listing Agent: Scotty Latimer
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Family Dollar Tree Investment Property
This property features a built-to-suit construction completed in 2022 for a Family Dollar Tree combo store. The property is under a NN+ lease with limited landlord responsibilities, spanning approximately 7.5 years. The lease includes five, 5-year options, each with rent increases of $5,250 ($.50 PSF). The lease is corporately guaranteed. Located 50 miles east of Athens, GA, the property sits on Highway 72, a main route connecting Georgia and South Carolina. Family Dollar Tree Combo stores have demonstrated 20% higher sales volume compared to non co-branded stores. Dollar Tree, which acquired Family Dollar in 2015, is the second-largest discount retailer in the United States, operating over 16,000 locations. Dollar Tree holds an investment-grade credit rating of BBB. The property has thrived through the COVID pandemic, experiencing a significant increase in same-store sales and profitability. The property size is 10500 square feet.
Location Intelligence
Current Use by Public Records
Family Dollar
Dollar Store
Similar Places Nearby
The Flower Collection
Location Insight
- Map
- Local Demand
- City
- Calhoun Falls
- County
- Abbeville
- State
- South Carolina
- Longitude
- -82.593071
- Latitude
- 34.091607
Nearby Similar for Sale
FAQs
What type of property is this?
Storefront property - NNN leased Family Dollar Tree combo store for sale.
Where is this storefront property located?
The property is located at 215 W Savannah St Calhoun Falls, SC.
What is the asking price?
The asking price for this property is $1,260,000.
What are key features of this property?
This property features: - Strong corporately guaranteed lease by Dollar Tree (BBB investment-grade credit rating).; - New 2022 built-to-suit construction for Family Dollar Tree.; - ±7.5-Year NN+ lease with limited landlord responsibilities.