Cap Rate
8.75%
$ per SF
$105
113 Main Street, Bethune, SC, 29009
Family Dollar$1,107,600
Key Information
Tot. SF
10,500
Year Built
2023
Term Remaining
± 7.5 Years
Type
Retail
NOI
$96,915
Highlights
- Recent Acquisition: In 2025 Family Dollar was acquired by private equity investors aiming to revitalize the brand as a standalone retailer.
- Operational Turnaround: New ownership is focused on operational improvements, store upgrades, and brand investment for sustained growth.
- Extensive National Footprint: Family Dollar operates 7,000+ locations nationwide, providing convenient access to core grocery and household categories.
- Built-to-Suit Construction: 2023 built-to-suit for Family Dollar, ensuring modern construction and long-term functionality.
- Long Lease Term: ±7.5 years remaining on an initial 10-year corporately guaranteed lease.
- Structured Rent Increases: Rent increases of $5,250 ($0.50 / SF) in each of the four, 5-year options.
- Roof Warranty: Property includes a 20-year transferable roof warranty, reducing landlord capital exposure.
- Demographic Strength: 10-mile population of ±9,000 residents with average household income of $63,035.
- Corporate Guarantee: Lease is guaranteed by Family Dollar corporate, providing security for investors.
Photos
Location
Agents
S
Scotty LatimerLicense # 790608 (TX)
J
Josh BishopLicense # 688810 (TX)
Broker of Record
Kyle Matthews
License # 22684, 105710 (SC)Matthews Real Estate Investment Services, Inc1600 West End Ave, Ste. 1500 Nashville, TN 37203