870 Cannon Bridge Rd - Freestanding FOR SALE


Orangeburg, SC 29115
$1,004,320 USD
858-351-0907
870 Cannon Bridge Rd, Orangeburg, SC for Sale
$1,004,320 USD
Freestanding - FOR SALE
1/3
null | 7.5% Cap Rate

870 Cannon Bridge Rd
Orangeburg, SC 29115


HIGHLIGHTS

  • Investment-Grade Tenant – The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), a publicly traded corporation
  • NNN Lease – This property is subject to a NNN lease, ensuring an ideal opportunity for out-of-state or passive investors
  • Recession-Resistant Concept – Dollar General’s discount model performs well in all economic cycles, driven by consistent consumer demand
  • Established Operating History – The tenant has successfully operated at this location for nearly a decade, demonstrating proof of concept
  • Surging Regional Investment – Orangeburg County recently secured over $1.28 billion in investments from Birla Carbon and Carolina Renewable Products
  • Consistent Traffic Driver – The property is situated adjacent to a dense manufacturing hub that serves as the primary employment anchor for the region

OVERVIEW

Kyle Matthews License # 22684 (SC) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,004,320 USD

PRICE/SF

$111 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2016

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

-

APN/PARCEL ID

0153-00-04-007

ASK ABOUT THIS PROPERTY

Kent HalleMatthews Real Estate Investment ServicesMore Info
858-351-0907

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Kent HalleMatthews Real Estate Investment ServicesMore Info
858-351-0907

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