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New All Brick Construction NNN Dollar General - Aiken, SC

$2,345,405

NE Corner of Columbia Hwy N and Bradley Mill Road, Aiken, SC 29805

Active
Last Updated: 02/05/2025

6.55

Cap Rate

153,624

NOI

Details:
Cap Rate:    6.55%
NOI:    $153,624
Building Size:    10,640 sqft
Lot Area:    1.19 acres
Occupancy:    100%
Lease Type:    Triple Net
Year Built:    2025
Tenancy:    Single
Parking Spots:    38
Lease Expire Year:    05/31/2040
Description:

15-YEAR ABSOLUTE NNN CORPORATE GUARANTY LEASE
-New 15-year absolute NNN lease with 5% Rental Increases every 5 years during the initial lease term
-Guaranteed by Dollar General Corporation (NYSE: DG)
-No landlord management, with the tenant responsible for taxes, insurance and all maintenance, including roof, structure and parking lot

STRATEGIC LOCATION ON MAIN RETAIL CORRIDOR
-Located along US Highway 1, a major thoroughfare that crosses South Carolina from the southwest to northeast, connects the cities of N Augusta, Aiken, Lexington, Columbia and Camden.
-Aiken County average household income exceeds $99,856 within a 10- mile radius of site
-Excellent visibility with over 12,200 Vehicles Per Day on Columbia Hwy

KEY DRIVERS OF GROWTH
-Meta (formerly Facebook) selects Aiken County for its first South Carolina data center, investing $800 million and creating 100 new jobs
-University of South Carolina Aiken - Nearly 4,000 student enrollment, marking a 12% increase from the previous year
-The Savannah River Site (SRS) is managed by the U.S. Department of Energy, SRS is a regional powerhouse focused on national security, environmental management, and nuclear research, employing thousands locally
-Bridgestone Americas Tire is a global leader in tire manufacturing, has a huge facility in Aiken, creating stable employment opportunities

NEW 2025 CONSTRUCTION BUILT TO SUIT
-New high-quality 2025 all brick exterior wall construction on four sides
-Site features ample parking on a hard pin corner site

Map:
Documents:
Title
DG_-_Aiken__SC_-_Flyer.pdf
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Location
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