424 Lee St - Storefront FOR SALE


Johnston, SC 29832
$2,697,777 USD
803-331-8088
424 Lee St, Johnston, SC for Sale
$2,697,777 USD
Storefront - FOR SALE
1/4
null | 6.75% Cap Rate

424 Lee St
Johnston, SC 29832


HIGHLIGHTS

  • Rent Increases 5% every 5 Yrs in Primary Term plus options
  • 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC
  • 7,100 VPD on Lee St. & 3,600 VPD on Calhoun St.

OVERVIEW

• NEW DG “Market” Store opened January 2025 • Rent Increases 5% every 5 Yrs in Primary Term plus options • 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC • 7,100 VPD on Lee St. & 3,600 VPD on Calhoun St. • Located 20 miles from Aiken and 50 miles to Columbia • Dollar General has over 20,500 Stores in 48 States; 34 Distribution Centers • S&P BBB Investment Grade Credit $40.6 Billion in Sales in Fiscal 2024 • Perfect 1031 Exchange Property • DG Ranked #112 on Fortune 500 List

FOR SALE DETAILS

PRICE

$2,697,777 USD

PRICE/SF

$213 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General "Market" Store

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

C

APN/PARCEL ID

180-14-02-034-000

ASK ABOUT THIS PROPERTY

James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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