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    OFF-MARKET
    Grocery and convenience stores

    223 Radford Blvd, Dillon, SC 29536

    10,566 SF 1.6 ac lot Built 2024
    Entity Owned 1-yr Hold
    Property ID
    US77-1555063
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a brand-new, 10,566 square foot Dollar General "Plus" store in Dillon, South Carolina. Located at 223 Radford Blvd, this single-story, Class A retail property sits on a 1.6-acre lot and boasts 35 parking spaces. The property benefits from a 15-year net lease (NNN) with a corporate guarantee from Dolgencorp, LLC, commencing January 1, 2024, and expiring December 31, 2038. The lease includes five, five-year rent bumps of 5% each, ensuring consistent income growth. The current annual net operating income (NOI) is $156,036, yielding a 6.80% cap rate. The property is 100% occupied and enjoys a high-traffic location with 13,300 vehicles per day. Its proximity to Interstate 95 and other national and regional retailers, including Food Lion, Starbucks, and Wendy's, further enhances its desirability. This is a strong investment-grade property, ideal for a 1031 exchange, offering a secure and profitable return for years to come. The property is zoned commercial and was built in 2024. The asking price is $2,294,647, translating to $217.17 per square foot. This is a rare opportunity to acquire a high-performing, credit-rated asset in a prime retail location.

    Property profile
    Verified
    Property type Grocery and convenience stores
    Year built 2024
    Total area 10,566 SF
    Lot 1.6 ac (69,696 SF)
    UPID US77-1555063
    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
    AI Approach AI
    by Request
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    Owner & transaction history
    Park Group Properties LLC · 1 yrs held
    Park Group Properties LLC
    since 2025
    4 recorded transactions
    2025
    $2.2M
    2023
    2023
    $399,999
    2016
    $300,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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