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Dollar General - Spartanburg, SC

$1,265,894

1949 Hayne Street, Spartanburg, SC 29301

Active
Last Updated: 06/24/2026

7.55

Cap Rate

95,574

NOI

Details:
Cap Rate:    7.55%
NOI:    $95,574
Building Size:    9,600 sqft
Occupancy:    100%
Lease Type:    Double Net
Year Built:    2010
Tenancy:    Single
Parking Spots:    28
Lease Expire Year:    7/31/2030
Description:

*Net Lease Allows for a Passive Investment with Minimal Landlord Responsibilities
*Guaranteed by Dollar General Corporation (NYSE: DG)
*Five (5) - Five (5) Year Option Periods
*Approximately 4 years remaining on current term
*Positioned along Hayne Street, a primary commercial corridor providing direct access to downtown Spartanburg, major retail destinations, and Interstate 26
*Near major employers including BMW's largest plant globally, Michelin, Spartanburg Regional Healthcare System, and numerous logistics and manufacturing operations
*Excellent visibility with over 66,000 Vehicles Per Day on the Interstate 26
*Spartanburg County average household income exceeds $76,851 within a 5- mile radius of site
*Population over 102,000+ within 5 miles
*Strategically Positioned Within the Greenville-Spartanburg Market Along the I-85 Corridor Between Atlanta and Charlotte
*Downtown Redevelopment ($450M+): Multi-phase project featuring a 3,600-seat stadium, a 152-room hotel, 240,000 sq. ft. of offices, 375+ apartments, and major public infrastructure upgrades
*Less than 1 mile to Interstate 26 and 4 miles to Downtown Spartanburg

Map:
Documents:
Title
DG_-_Spartanburg__GA_-_Flyer.pdf
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
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