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316 E Greer St, Honea Path, SC, 29654

Dollar General
$1,361,000

Key Information

Cap Rate
7.25%
$ per SF
$127
Tot. SF
10,640
Year Built
2019
Term Remaining
±8 YRS
Type
Retail

Highlights

  • Absolute NNN Lease Structure: Zero landlord responsibilities, offering a true passive investment with no operational obligations.
  • Long-Term Lease: More than 8 years of remaining primary lease term, providing durable and predictable cash flow.
  • Corporate Guarantee (NYSE: DG): Lease guaranteed by Dollar General Corporation, a Fortune 100 company with a market capitalization exceeding $32billion (as of January 2026).
  • Investment Grade Credit: Dollar General is rated BBB by Standard & Poor’s,reflecting strong creditworthiness and financial stability.
  • Top-Tier Store Performance: This location ranks in the 86th percentile nationally, according to Alpha Map, indicating superior sales performance.
  • Rent Increases: Features 10% rent escalations at each of the five (5) five-year renewal options, enhancing long-term income growth.
  • Essential Retailer: Functions as a key provider of groceries and daily necessities, anchoring retail demand in a rural/suburban trade area.
  • Strong Retail Synergy: Located within a close proximity to other strong retailers like CVS, Food Lion, Burger King, O’Reilly Auto Parts, etc.
  • Strong Population Growth: The 1-Mile Population is expected to grow byalmost 10% in the next 5 years

Photos

Location

Agents

Broker of Record

Kyle Matthews

License # 22684 (SC)
Matthews Real Estate Investment Services, Inc
1600 West End Ave., Ste. 1500 Nashville, TN 37203