Property profile

911 Us-301 Dillon, SC 29536

OFF-MARKET
Retail properties & Spaces
12,480 SF 3 ac lot Built 2024
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Property summary

AI-generated overview

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

Verified
Property type Retail properties & Spaces
Year built 2024
Total area 12,480 SF
Lot 3 ac (130,680 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

911 Us-301 Dillon, SC 29536
Dillon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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