114 Main St S - Freestanding FOR SALE


Bethune, SC 29009
$1,243,490 USD
404-442-2815
114 Main St S, Bethune, SC for Sale
$1,243,490 USD
Freestanding - FOR SALE
1/1
null | 8.25% Cap Rate

114 Main St S
Bethune, SC 29009


HIGHLIGHTS

  • Corporate guaranteed lease with Dollar General, an NYSE-listed company.
  • Absolute NNN lease offering zero landlord management or repair responsibilities.
  • 6 years remaining on initial 15-year term with scheduled rent increases and renewal options.
  • Located in a stable rural market underserved by traditional big-box retailers.
  • Easy access to major highways and proximity to Columbia, SC metro area.
  • Reliable tenant with over $40 billion in annual revenue and proven growth across 20,000+ locations.

OVERVIEW

This offering features a single-tenant Dollar General property situated in Bethune, South Carolina. The asset benefits from a long-term absolute NNN lease structure with Dollar General Corporation, a publicly traded company on the NYSE (DG) with more than 20,000 stores across the United States and Mexico. Supported by a corporate guarantee, this property delivers a reliable income stream with six years remaining on the original lease term, followed by five options for five years each and scheduled 10% rent increases per option. The property is priced at $1,243,490, offering investors an attractive 8.25% capitalization rate and annual net operating income of $102,588. With zero landlord responsibilities due to the absolute NNN lease, this investment provides passive, predictable performance well-suited for investors seeking stability and long-term security. Located in South Carolina’s growing Midlands region, Bethune lies approximately 30 minutes from Columbia, a six-county metro area with a population exceeding 850,000 residents and an annual GDP of over $54 billion. The property serves a rural trade area with limited competition, ensuring strong customer loyalty and consistent traffic. Dollar General’s strong credit profile, proven growth model, and recession-resistant retail strategy make this an excellent addition to any investment portfolio.

FOR SALE DETAILS

PRICE

$1,243,490 USD

PRICE/SF

$118 USD /SF

CAP RATE

8.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General "PLUS" Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

GC Retail

APN/PARCEL ID

B141-15-00-037

ASK ABOUT THIS PROPERTY

Jon ChristensenLee & AssociatesMore Info
404-442-2815

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Jon ChristensenLee & AssociatesMore Info
404-442-2815

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