3597 Highway 11 - Freestanding FOR SALE


Travelers Rest, SC 29690
$1,435,200 USD
864-235-6855
3597 Highway 11, Travelers Rest, SC for Sale
$1,435,200 USD
Freestanding - FOR SALE
1/7
null | 7% Cap Rate

3597 Highway 11
Travelers Rest, SC 29690


OVERVIEW

Attractive Long-Term Lease Structure: Absolute NNN lease with approximately 10 years of remaining primary term, featuring 5% rental increases every five years and five 5-year renewal options, providing investors with long-term income growth and cash flow stability. Zero Landlord Responsibilities: Absolute NNN lease structure with zero landlord responsibilities. Corporate Dollar General Commitment: Leased to Dollar General, one of the nation’s largest discount retailers, operating more than 20,000 stores across the U.S. and Mexico and generating approximately $40.6 billion in annual revenue, demonstrating significant scale and market presence. Investment-Grade Credit Tenant: The lease is backed by Dollar General, which maintains an S&P BBB investment-grade credit rating, providing investors with enhanced credit quality and income security. Limited Dollar Store Competition: The property benefits from a strong competitive position, with the nearest dollar store located approximately 5.5 miles away. Affluent Consumer Base: A 3-mile average household income of $112,150 underscores the area’s strong purchasing power and supports long-term tenant performance. Proximity to Large, Up-Scale Living Community: This property sits directly across the highway (US Hwy 25) from The Cliffs at Mountain Park, a premier 5,000 acre private mountain living community that boasts a golf course ranked as “#59 on Golfweek’s Best 2026 top 200 residential Golf Courses in the U.S.

FOR SALE DETAILS

PRICE

$1,435,200 USD

PRICE/SF

$158 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Convenience Store, Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2021

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

4.2 AC

LAND SF

182,952 SF

ZONING

Unzoned

APN/PARCEL ID

0662.06-01-001.03

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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