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Dollar General 5922 Augusta Rd

9,014 SF Retail Building Greenville, SC 29605 $1,247,641 CAD ($138 CAD/SF) 7.50% Cap Rate

Investment Highlights

  • The rent/SF is estimated to be 44% – 55% below market
  • Limited landlord responsibilities
  • Dollar General recently renewed the lease showing a commitment to the location
  • Price/SF is under $100
  • Strong 13.5% rental increase in option
  • Dollar General has operated out of this location for roughly ±20 years

Executive Summary

Broker of Record
Kyle Matthews
License No. 22684 (SC)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203

Property Facts

Sale Type
Investment
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,014 SF
Building Class
B
Year Built
2005
Price
$1,247,641 CAD
Price Per SF
$138 CAD
Cap Rate
7.50%
NOI
$93,573 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.74 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
36 Spaces (3.99 Spaces per 1,000 SF Leased)
Frontage
164 ft on Augusta Rd

Amenities

  • Pylon Sign
  • Signage

Nearby Major Retailers

Bank of America
Ingles Market

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0377.00-12-016.01
Land Assessment
$20,576 CAD
Improvements Assessment
$28,402 CAD
Total Assessment
$48,978 CAD
  • Listing ID: 34383401

  • Date on Market: 2025-01-06

  • Last Updated:

  • Address: 5922 Augusta Rd, Greenville, SC 29605

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