342 East Blvd Chesterfield, SC 29709
This exceptional investment opportunity presents a brand-new, 11,761 square foot Dollar General convenience store located at 342 East Blvd, Chesterfield, SC 29709. Built in 2024, this single-tenant property sits on a 3.4-acre lot and boasts a 100% occupancy rate with a corporate guarantee. The absolute NNN lease features a 14.7-year remaining term (expiring 07/15/2039) with attractive 5% rent increases every five years, ensuring consistent income growth. The property generates a strong NOI of $141,131, resulting in a compelling 6.60% cap rate and a price per square foot of $181.82. The asking price is $2,138,348. This prime location enjoys high visibility on East Boulevard, a major thoroughfare with a daily traffic count of 9,900 vehicles. Nearby businesses include Wendy's, Pisanno's, Exxon, Subway, BP, and NAPA, further enhancing the property's appeal. The store benefits from modern amenities such as new LED lighting, both interior and exterior. The property's strategic location near the Chesterfield YMCA and residential areas ensures consistent customer traffic. This is a turnkey investment with minimal landlord responsibilities, offering a secure and profitable return.
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DG Market Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.