400 Pne Ave, Mc Bee, SC 29101-8501

Property Details for 400 Pne Ave

Lot size

1.50 lot acres

Property type

Commercial real estate

APN

121 000 000 004

APU

121000000004

Description

This exceptional investment opportunity presents a fee-simple interest in a 10,500 square foot Family Dollar Tree located at 400 E Pine Ave, McBee, SC 29101. Built in 2022, this Class A, single-story retail property sits on a 1.5-acre lot with ample parking (29 spaces) and enjoys a prime location on a main four-lane highway. The property boasts a strong 7.40% cap rate, generating a substantial net operating income (NOI) of $111,150 annually. The current lease, guaranteed by Dollar Tree, Inc. (a BBB-rated investment-grade tenant), has 7.5 years remaining with five, five-year renewal options, each including a $0.50/SF rent bump. Minimal landlord responsibilities are required under the NN+ lease structure. The property's combination Family Dollar | Dollar Tree branding offers significant sales advantages, exceeding the performance of standalone Family Dollar stores. This offering presents a compelling investment in a high-demand growth market, benefiting from South Carolina's robust economy and favorable business environment. The asking price is $1,502,000 ($143.05/sq ft), reflecting a 100% occupancy rate. This is a rare opportunity to acquire a high-performing, passively managed retail asset with a secure, long-term lease.

Location Insight

City

Mc Bee

County

Chesterfield

State

South Carolina

Longitude

-80.2492

Latitude

34.4659

Property Tax & Assessments