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Dollar General 5922 Augusta Rd

9,014 SF Retail Building Greenville, SC 29605 £695,408 (£77/SF) 7.50% Net Initial Yield

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
£695,408
Price Per SF
£77
Net Initial Yield
7.50%
NOI
£52,156
Tenancy
Single
Number of Floors
1
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
£11,390
Improvements Assessment
£15,723
Total Assessment
£27,113
  • Listing ID: 34383401

  • Date on Market: 06/01/2025

  • Last Updated:

  • Address: 5922 Augusta Rd, Greenville, SC 29605

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