215 W Savannah St - Retail FOR SALE


Calhoun Falls, SC 29628
$1,358,084 USD
214-692-2927
215 W Savannah St, Calhoun Falls, SC for Sale
$1,358,084 USD
Retail - FOR SALE
1/1
null | 8.35% Cap Rate

215 W Savannah St
Calhoun Falls, SC 29628


HIGHLIGHTS

  • 2022 Built-to-suit construction for Family Dollar Tree
  • ±8.5-Year NN+ lease w/ limited landlord responsibilities
  • Five, 5-Year Options with rent increases of $5,250 ($.50 PSF)
  • Extremely strong corporately guaranteed lease

OVERVIEW

Located 50 Miles East of Athens, GA on Highway 72, a main artery from Georgia to South Carolina. Family Dollar Tree Combo stores have proven 20% higher sales volume than non co-branded stores. Dollar Tree acquired Family Dollar in 2015 and is now considered to be the second-largest discount retailer in the United States with more than 16,000 locations. Dollar Tree boasts an investment-grade credit rating of BBB-. Dollar Tree has thrived through the COVID pandemic and witnessed a sharp increase in same-store sales and profitability.

FOR SALE DETAILS

PRICE

$1,358,084 USD

PRICE/SF

$129 USD /SF

CAP RATE

8.35%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Family Dollar/Dollar Tree

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2022

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

2.1 AC

LAND SF

91,387 SF

ZONING

C

APN/PARCEL ID

153-15-06-003

ASK ABOUT THIS PROPERTY

Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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Scotty LatimerMatthews Real Estate Investment ServicesMore Info
214-692-2927

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