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Family Dollar 942 Broad River Rd
9,180 SF Retail Building Columbia, SC 29210 £1,502,630 (£164/SF) 7.50% Net Initial Yield
Investment Highlights
- Ranked in the top 14% of South Carolina Family Dollar locations, per AlphaMaps
- 4.3 miles from the University of South Carolina (53k+ students)
- Relocated to this site from the shopping center across the street
- Rare absolute NNN lease with CPI rent increases every 3 years
- 1.40 AC lot with multiple access points on a high traffic street (28k VPD)
- Strong demographics with a population over 158k within a 5 mile radius
Executive Summary
Transwestern is pleased to exclusively offer for sale a single tenant Family Dollar in Columbia, South Carolina. Family Dollar has a rare absolute NNN lease with CPI rent increases every 3 years. The 9,180 SF building sits on a hard corner, with 1.40 acres of land and multiple access points. Family Dollar strategically relocated to this site from the shopping center across the street in 2015. Just 4.3 miles from the University of South Carolina with over 53,000 students, the subject property is located in the heart of Columbia with dense demographics and is surrounded by national retailers.
Broker of Record: Bradley Fulkerson SC# 89107
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
-
- Retailer
- 9,180 SF
- £10.31
- Triple Net
- Apr 2030
Family Dollar is a place to shop when it comes to delivering quality and value on family essentials in a convenient location. Their stores are conveniently located in neighborhoods, and often in "food deserts" where other stores choose not to locate, providing a convenient, close-to-home option where customers can shop for essentials. By locating stores in places where others won’t, Family Dollar is improving the affordability and availability of essential goods. They are saving their customers time and money and helping them do more, even on a tight budget. Their Family Dollar stores focus on delivering top value for family essentials. They offer competitively-priced national brands from leading manufacturers alongside brand-name, equivalent-value, lower-priced private labels. Their aisles are stocked with food and beverages, paper products, health & beauty supplies, pet food, home products, apparel and accessories, etc.
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
|
|
Retailer | 9,180 SF | £10.31 | Triple Net | Apr 2030 |
PROPERTY TAXES
| Parcel Number | 07311-05-01 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £1,069,911 |
PROPERTY TAXES
Presented by
Family Dollar | 942 Broad River Rd
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