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Dollar General Property Absolute NNN Lease Dollar Store South Carolina

Dollar General | Georgetown, SC
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Investment Offering

Tenant: Dollar General | Georgetown, SC
Premises: 9,026 SF
Renewal Options: 5 x 5 Years

Lease Expiration: 8/24/2033
Lease Type: Absolute NNN
Rental Increases: 10% at Options


Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,026 SF Dollar General Property Located at 510 Church Street in Georgetown, South Carolina.

  • Long Term Lease With Approximately 13 Years Remaining on an Absolute Triple Net (NNN) Lease With Zero Landlord Responsibilities
  • COVID and Recession Proof Investment
  • Dollar General Has Hired Over 50,000 New Employees to Support Operations Across Its Organization Amid Heightened Demand to Meet Customers Essential Needs
  • Dollar General Makes a Compelling Investment Opportunity in Light of the Country’s Current Economic Challenges, Read More Here
  • Wells Fargo Believes Dollar General is Best-Positioned For COVID-19 Economic Fallout; Read More Here
  • Attractive Rental Increases at Options
  • Recently Built in 2017 and Situated on a Large 1.70 Acre Lot
  • Georgetown is the Third Oldest City in the U.S. State of South Carolina and the County Seat of Georgetown County, in the Lowcountry
  • Georgetown is the Second Largest Seaport in South Carolina, Handling Over 960,000 Tons of Materials a Year
  • Located on Church Street With Over 24,600 VPD
  • Nearby Tenants Include: Taco Bell, Pizza Hut, Burger King, McDonald’s, T-Mobile, Hardee’s, Aaron’s, Walmart, CVS Pharmacy, Belk and More

In Cooperation With Sands Investment Group Charleston, LLC
Lic. #20891 | BoR: Chris Sands – Lic. # 93103

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Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities

Tenant Overview
Dollar General Corporation (NYSE: DG) was founded in 1939 and has been delivering value to shoppers for over 80 years. Dollar General helps shoppers Save time. Save money. Every day!® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at low everyday prices in convenient neighborhood locations. In addition to high quality private brands, Dollar General sells products from America's most-trusted brands such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills and PepsiCo. Dollar General operates over 16,500 stores in 46 states as of May 1, 2020. Fiscal year 2019 net sales increased 8.3% to $27.8 billion, compared to $25.6 billion in fiscal year 2018. This net sales increase included positive sales contributions from new stores and growth in same-store sales, modestly offset by the impact of store closures. Same-store sales increased 3.9% compared to fiscal year 2018, driven by increases in both average transaction amount and customer traffic. The Company reported net income of $1.7 billion for fiscal year 2019 compared to $1.6 billion for fiscal year 2018.
Area Overview

Dollar General | Georgetown, SC

510 Church Street - Georgetown, SC 29440

Contact Broker for Details

Status: Sold

Dollar General | Georgetown, SC

John Dudash

980.729.5668
jdudash@SIGnnn.com

Amar Goli

980.729.5626
amar@SIGnnn.com

Make an Offer
$5.1 BILLION IN SALES

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Our Intentions

We believe in giving back. There’s a big world outside of the real estate bubble and we know that with success comes responsibility.

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