1616 Jefferson Davis Hwy Camden, SC 29020
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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
B-2 · Camden, SCCosts & 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.