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870 Cannon Bridge Rd, Orangeburg, SC, 29115

Dollar General
$1,004,320

Key Information

Cap Rate
7.5%
$ per SF
$111
Tot. SF
9,026
Year Built
2016
Term Remaining
±5.49 YRS
Type
Retail

Highlights

  • Investment-Grade Tenant – The lease is corporately guaranteed by Dollar General Corporation (NYSE: DG), a publicly traded corporation that has an excellent credit rating of BBB from Standard & Poor’s.
  • NNN Lease – This property is subject to a NNN lease, ensuring an ideal opportunity for out-of-state or passive investors seeking management-free property ownership.
  • Recession-Resistant Concept – Dollar General’s discount model performs well in all economic cycles, driven by consistent consumer demand for value-oriented daily necessities.
  • Established Operating History – The tenant has successfully operated at this location for nearly a decade, demonstrating proof of concept and a solidified customer base in the local market.
  • Surging Regional Investment – Orangeburg County recently secured over $1.28 billion in investments from Birla Carbon and Carolina Renewable Products. These projects are slated to add hundreds of permanent jobs, driving long-term demand for essential retail services.
  • Consistent Traffic Driver – The property is situated adjacent to a dense manufacturing hub that serves as the primary employment anchor for the region. This corridor supports hundreds of shift-work jobs, generating consistent daily commuter traffic and a captive customer base for essential goods.

Photos

Location

Agents

Broker of Record

Kyle Matthews

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