108 S 2nd Ave - Freestanding FOR SALE


Dillon, SC 29536
$808,000 USD
312-548-6822
108 S 2nd Ave, Dillon, SC for Sale
$808,000 USD
Freestanding - FOR SALE
1/7
null | 7.99% Cap Rate

108 S 2nd Ave
Dillon, SC 29536


HIGHLIGHTS

  • Freestanding single-tenant retail property.
  • Includes on-site parking with approximately 50 parking spaces.
  • Provides access to downtown Dillon and regional transportation routes serving northeastern South Carolina.
  • Features pylon signage and frontage along S 2nd Avenue.

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Family Dollar investment property located at 108 US Highway 301 S in Dillon, South Carolina (the “Property”). Family Dollar has been at this location since 2013 and has preemptively extended their lease for 7 years (2-years early) demonstrating their commitment to the site and the market. Family Dollar has 9+ years remaining on their lease with two (2), 5-year renewal options. The lease features attractive an attractive rent increase in 2031 and at the start of each renewal option. Positioned on US Highway 301 South near Interstate 95 and SC Route 9, the Property enjoys excellent visibility and convenient access to both the local population and the significant number of motorists traveling through Dillon each day. The surrounding area is supported by established residential neighborhoods, major employers, healthcare facilities, schools, and regional distribution and manufacturing operations, creating consistent demand for value-oriented retail. The site's accessibility, strong traffic patterns, and proximity to one of the Southeast's premier transportation corridors make it an attractive location for a necessity-based retailer.

FOR SALE DETAILS

PRICE

$808,000 USD

PRICE/SF

$59 USD /SF

CAP RATE

7.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,166 SF

ZONING

C

APN/PARCEL ID

059-10-29-006

ASK ABOUT THIS PROPERTY

Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jack CollinsHorvath & TremblayMore Info
312-548-6822

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.