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Property profile & analytics
OFF-MARKET
Grocery and convenience stores

1616 Jefferson Davis Hwy Camden, SC 29020

11,063 SF 1.31 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US77-0540408
Property summary
AI-generated overview

This exceptional investment opportunity features a 11,063-square-foot freestanding Dollar General store located at 1616 Jefferson Davis Hwy, Camden, SC 29020. The property, built in 2004 and renovated in 2019, sits on a 1.24-acre lot and boasts 51 parking spaces. The building is situated in a high-traffic area with over 14,000 vehicles passing daily, ensuring high visibility and accessibility. The property is zoned B-2 and benefits from a strong corporate guarantee, a 100% occupancy rate, and a Net Lease (NN) structure. The current lease, with Dollar General as the tenant, commenced October 1, 2004, and expires September 30, 2027, with five (3) year lease options, each including a 10% rent bump. The asking price is $399,900, representing a price per square foot of $36.15 and an attractive 8.55% cap rate. The current Net Operating Income (NOI) is $34,200. This single-tenant, single-story building presents a compelling investment opportunity with significant remaining lease term (approximately 2.9 years). The property's strong tenant, favorable lease terms, and prime location make it an ideal addition to any portfolio.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Total area 11,063 SF
Lot 1.31 ac (57,064 SF)
Zoning code B-2
APN 271-16-00-130
UPID US77-0540408
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Om Somnath Dg LLC · 1 yrs held
Om Somnath Dg LLC
since 2024
Last sale
$380,000
1 recorded transaction
2024
$380,000
Zoning & alternative use
B-2 · Camden, SC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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