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Investment Highlights

  • Investment Grade Credit with over 20,000 locations
  • Augusta MSA Advantage
  • Ten-Year lease with favorable terms for Landlord
  • Strong Demographic Profile

Executive Summary

Colliers is pleased to offer qualified investors the opportunity to acquire this single-tenant net
leased corporate Dollar General in the town of Wagener, South Carolina in the Augusta MSA. In
April 2024, Dollar General signed a 10-year lease that commenced in October 2024. The subject
property recently underwent over a $200,000 renovation with exterior work, paint, HVAC
replacements, parking lot work and more.
Dollar General Corporation which was founded in 1939 has an investment grade credit
rating of BBB by S&P and is publicly traded on NYSE under the ticker DG. In total, Dollar General
has +20,000 stores is ranked 111 on the Forbes list, employs over 193,000 people with stores
across 48 states. Their low-cost concept is critical in the current high inflation environment.
Dollar General is coming off an incredible Q1 in 2025. Net sales increased 5.3% to $10.4 B. Fiscal
2025 net sales increased 5.2% to $42.7 billion, compared to $40.6 B in fiscal 2024. The company
reported a net income of $1.5 Billion for 2025. Given DG’s model focused on strategic pricing, the
brand is making major headway.
The subject property benefits from

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,240 SF
Building Class
B
Year Built
2007
Price
$1,385,160 CAD
Price Per SF
$149.91 CAD
Cap Rate
7.30%
NOI
$101,117 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.81 AC
Parking
32 Spaces (3.46 Spaces per 1,000 SF Leased)
Frontage
181’ on Main St

Amenities

  • Pylon Sign
  • Signage
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Piggly Wiggly
Security Federal Bank

Property Taxes

Property Taxes

Parcel Number
272-20-21-004
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$73,898 CAD
  • Listing ID: 33842424

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 219 S Main St, Wagener, SC 29164

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