110 Church St - Freestanding FOR SALE
Mc Connells, SC 29726 |
$1,186,000 USD
404-400-2794
110 Church St
Mc Connells, SC 29726
HIGHLIGHTS
- Absolute NNN Lease: True triple-net structure with zero landlord responsibilities, offering a passive, management-free investment profile.
- Long-Term Income Stream: Approximately ±7.6 years of remaining primary lease term, ensuring stable and predictable cash flow.
- Corporate Guarantee by Dollar General (NYSE: DG): Lease guaranteed by Dollar General Corporation, a Fortune 100 company with a market capitalization
- Investment Grade Tenant: Dollar General is rated BBB by Standard & Poor’s, reflecting strong creditworthiness.
- Structured Rent Growth: Lease includes 10% rent escalations at the commencement of each of the five (5) five-year renewal options.
- Essential Retail Use: Serves as a vital source for groceries and household necessities in a rural/suburban market
FOR SALE DETAILS
PRICE
$1,186,000 USD
PRICE/SF
$130 USD /SF
CAP RATE
7.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2018
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
2.8 AC
LAND SF
121,968 SF
ZONING
GC
APN/PARCEL ID
0400501012
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404-400-2794
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404-400-2794
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