Property summary
This exceptional investment opportunity presents a brand-new, 12,480-square-foot Dollar General store in Dillon, South Carolina. Built in 2024, the property sits on a 3-acre lot and boasts a 15-year absolute NNN lease with a corporate guarantor, ensuring minimal landlord responsibilities. The lease, which expires July 15, 2039, includes a substantial 5% rent increase every five years, providing consistent income growth. The current annual net operating income (NOI) is $152,154, resulting in an attractive 6.60% cap rate. The property's strategic location on US-301, just 0.63 miles from downtown Dillon, benefits from high visibility and significant daily traffic volume (9,000 vehicles per day). Surrounding retailers include popular national chains such as McDonald's, Zaxby's, and Hardee's, further enhancing the property's desirability. The tenant has five five-year renewal options, offering long-term stability and predictable cash flow. This is a turnkey investment with a strong tenant, excellent location, and built-in rent escalations, making it an ideal addition to any portfolio. The property features modern amenities including new LED lighting, both interior and exterior. This is a rare opportunity to acquire a high-performing, low-maintenance retail asset with significant long-term potential.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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