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Property profile & analytics
FOR SALE
Commercial real estate

215 W Savannah St Calhoun Falls, SC 29628

1.39 ac lot
Entity Owned Absentee Owner Free & Clear
Property ID
US77-2509506
215 W Savannah St, Calhoun Falls, SC 29628 For Sale
$1,030,909
215 W Savannah St, Calhoun Falls, SC 29628
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Property summary
AI-generated overview

This exceptional investment opportunity presents a 2022-built, 1.64-acre Family Dollar, Dollar General, and Dollar Tree combination store in Calhoun Falls, South Carolina. The property boasts a strong, credit-rated corporate guarantee from Dollar Tree, a leading discount retailer with over 16,000 locations nationwide. The current lease is a Net Lease (NN+) with a remaining term of 7.5 years, expiring April 30, 2032, and includes five, 5-year options with rent increases of $5,250 (or $0.50 per square foot). The lease commenced April 28, 2022. The property generates a substantial Net Operating Income (NOI) of $113,400, resulting in an attractive 8.35% cap rate. The asking price is $1,358,084. Strategically located at 215 W Savannah St, Calhoun Falls, SC 29628, this property benefits from its position on Highway 72, a major artery connecting Georgia and South Carolina, approximately 50 miles east of Athens, GA. The combination store format has demonstrated a 20% higher sales volume compared to single-brand stores. This is a rare opportunity to acquire a high-performing, low-maintenance retail investment with a secure, long-term lease and significant upside potential.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 1.39 ac (60,548 SF)
APN 153-15-06-002
UPID US77-2509506
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
Current use
Occupant on record · Public records
  • Family Dollar Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
FDS LLC
FDS LLC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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