219 Main S St Wagener, SC 29164-9051

This exceptional investment opportunity presents a fee-simple, single-tenant Dollar General store located at 219 Main St S, Wagener, SC 29164, within the Augusta MSA. The property, built in 2007 and renovated in 2024 for approximately $200,000 (including exterior work, paint, HVAC, and parking lot improvements), boasts 9,240 square feet on a one-acre lot. A 10-year net lease commenced October 3, 2024, and includes five (5) five-year renewal options with 10% rent bumps every five years. The current annual net operating income (NOI) is $73,440, representing a 7.00% cap rate on the $1,049,143 asking price. The tenant, Dollar General, holds an investment-grade credit rating (BBB by S&P) and is publicly traded on the NYSE (DG). The property benefits from its location in the Augusta MSA, the third-largest in Georgia, with a population exceeding 630,000. Wagener's strategic location on US 302 provides easy access to Augusta and Columbia. The area shows strong population growth, with approximately 116,500 people within a 30-minute drive and projected 6.7% growth within a 10-minute radius from 2024-2029. The property's strong tenant, favorable lease terms, and strategic location make it an attractive investment opportunity. Landlord responsibilities are limited to roof and structure