605 N Church St - Freestanding FOR SALE


Swansea, SC 29160
$1,120,000 USD
770-312-9840
605 N Church St, Swansea, SC for Sale
$1,120,000 USD
Freestanding - FOR SALE
1/7
null | 7.99% Cap Rate

605 N Church St
Swansea, SC 29160


OVERVIEW

Colliers is pleased to offer qualified investors the opportunity to acquire a seasoned, single-tenant corporate Family Dollar located in the growing town of Swansea, within the Columbia, South Carolina MSA. In December 2023, Family Dollar proactively exercised its second and third option periods, extending the lease term through December 31, 2033, a powerful demonstration of the tenant’s long-term commitment to this location. This corporate Family Dollar has operated successfully at this location since opening in 2008, establishing nearly two decades of continuous presence as an essential-goods destination for the surrounding community. Family Dollar completed its separation from Dollar Tree on July 7, 2025, following its acquisition by private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1.01 billion. Family Dollar now operates as a fully independent company, remaining headquartered in Chesapeake, Virginia. In its first year as a standalone business, Family Dollar generated approximately $13 billion in revenue, achieved same-store sales growth of 2.5%, and delivered EBITDA of $495 million — exceeding its internal budget by 24%. The company currently operates approximately 8,350 locations across the United States, making it one of the largest discount retailers in the nation. Family Dollar was founded in 1959, and its low-cost, everyday essentials model remains highly relevant to today’s value-conscious consumer. The subject property benefits from its location within the Columbia, SC MSA — the capital and third-largest metropolitan area in South Carolina. The Columbia MSA is home to approximately 879,000 residents and is supported by nearly 50,000 college students enrolled annually across six local universities. The metro area has posted consistent annual growth, with the population reaching approximately 879,000 in 2025, reflecting a 1.02% increase from the prior year. Swansea is centrally situated in Lexington County approximately 40 minutes from downtown Columbia and benefits from strong accessibility along major regional transportation corridors. The area’s anchor employer, Nucor Building Systems, has operated in Lexington County since 1995 and has demonstrated continued commitment to the region through ongoing facility expansions in Swansea. Area residents and visitors also benefit from proximity to Congaree National Park, which set an all-time visitation record of 250,114 visitors in 2023, with total visitation surging 51.8% since 2019 — among the fastest-growing national parks in the country.

FOR SALE DETAILS

PRICE

$1,120,000 USD

PRICE/SF

$122 USD /SF

CAP RATE

7.99%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,461 SF

ZONING

ID

APN/PARCEL ID

013021-01-004

ASK ABOUT THIS PROPERTY

Henry KushnerColliersMore Info
770-312-9840

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

Henry KushnerColliersMore Info
770-312-9840

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