Dollar General Store #9462
3941 Augusta Highway, West Columbia, SC 29169
Size: 12000 sq ft
Cypress Commercial & Investment Real Estate has enjoyed a long-term relationship with Dollar General, having developed 100+ locations in seven states over more than ten years. Our investment team purchased this 12,000 square ft. (two acres) property in July 2015 for $1 million and negotiated a new ten-year lease with Dollar General.
With an additional investment of nearly $300,000, we enhanced the property with new HVAC, roof, modern exterior, repairs to the parking lot and utilities. The property is now a stable and attractive asset in a prime location with a long-term lease. The asset was subsequently sold to a 1031 exchange investor.