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Family Dollar Gross Property Dollar Store Marion South Carolina

Family Dollar | Marion, SC
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Investment Offering

Tenant: Family Dollar | Marion, SC
Premises: 10,000 SF
Renewal Options: (2) Five Year Options at 10% Increases Respectively

Lease Expiration: 01/31/2026
Lease Type: Gross
Rental Increases: None


Sands Investment Group is Pleased to Present For Sale the Family Dollar Gross Property Located in Marion South Carolina. This Opportunity Provides a New Owner With Stable Cash Flow From an Investment Grade Tenant With a Long History at the Site.

  • Dollar Tree Has a Bond Rating of Baa2 (Moody’s) and BBB (S&P), Making it an Investment Grade Tenant; This Makes For a Stabilized Investment For a New Owner
  • Located Roughly 43-Miles Northwest of Myrtle Beach That Sees an Impressive 19 Million Visitors Per Year
  • (2) Five Year Options at 10% Increases Respectively, Provides Significant Upside to a New Owner
  • Other Notable Tenants in the Area Include: Food Lion, CVS Pharmacy, Tractor Supply, AutoZone, Burger King, Circle K and Much More
  • Tenant Replaced the HVAC Unit in 2022 Resulting in Limited Capital Expenditure Exposure to a New Owner
  • Recession and Pandemic Resistant Tenant

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

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

Tenant Overview

Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less, announced that it has completed the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise. Dollar Tree, a Fortune 200 Company, operated 16,231 stores across 48 states and five Canadian provinces as of July 30, 2022. Stores operate under the brands of Dollar Tree, Family Dollar and Dollar Tree Canada. Family Dollar offers a compelling mix of merchandise for the whole family. Ranging from an expanded assortment of refrigerated and frozen foods, health and beauty items to home décor and seasonal items, Family Dollar offers the lowest possible price, the name brand and quality private- brand merchandise customers need and use every day. The average size of a Family Dollar store is approximately 7,000 square feet, and most stores are operated in leased facilities. This relatively small footprint allows the Company
to open new stores in rural areas and small town, as well as in large urban neighborhoods.
Within these markets, the stores are located in shopping centers or as free-standing
building and all are convenient to the Company’s customer base.

Area Overview

Family Dollar | Marion, SC

511 Tom Gasque Avenue - Marion, SC 29571

$630,000

Cap Rate: 7.45%
Status: Available

Family Dollar | Marion, SC

Joseph Lombardo

704.251.4154
jlombardo@SIGnnn.com

Amar Goli

704.275.3787
amar@SIGnnn.com

Make an Offer
$8 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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