Sales Summary


Sales Price:
$939,473
Price/SF:
$103
Cap Rate:
8%

Investment Highlights


• Dollar General renewed early creating a new 10 years remaining of lease term
• Two rent increases of 5% and 4.75% during the extended term
• NN Lease corporately guaranty by Dolgencorp, LLC
• Dollar General has over 13,000 stores in 43 states
• S&P BBB Investment grade credit
• High traffic count of 19,000 VPD (2015 count)
• Effingham is a suburb of Florence, SC located 9 miles south

Property Summary


Property Type:
Investment 
Building Size:
9,100 sf
Land Area:
1.22 sf
Construction:
2008

Property Highlights


Effingham is located just 9 miles south of downtown Florence. The Dollar General Store is on HWY 52 (S. Irby Street) right down the road from Dewey Carter Elementary School.