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2614 Poinsett Hwy
Greenville, SC 29609
Dollar General | 3 Miles to CBD | NNN Lease · Retail Property For Sale
Executive Summary
• Rare older NNN lease where landlord has ZERO management/maintenance responsibility
• Near term rent bump of 10% in May 2029 (renewal option 1) pushing Cap Rate north of 7.6%
• Upside potential with over 2.7 acres of land and below market rent of $10.38 PSF currently
• Traffic counts over 23,500 on 5-lane Poinsett Hwy north of site and over 34,500 south of it
• Population over 56,000 and average household incomes over $97,000 in a 3-mile radius
• Dense and stable trade area with over 1.5 million SF of retail space that is 98% leased
• National brand tenant with over 20,800 stores scattered across America in 48 states
• Corporate lease with parent guaranty (NYSE: DG) and investment grade credit ratings (S&P: BBB; Moody’s: Baa2)
• Fiscal 2025 net sales increased 5.2% to $42.7 billion and net income increased 34% to $1.5 billion
• South Carolina was the fastest growing state in the country in 2025 with population increase of 1.5% and Greenville recently became its first metro area to surpass 1 million residents
• Near term rent bump of 10% in May 2029 (renewal option 1) pushing Cap Rate north of 7.6%
• Upside potential with over 2.7 acres of land and below market rent of $10.38 PSF currently
• Traffic counts over 23,500 on 5-lane Poinsett Hwy north of site and over 34,500 south of it
• Population over 56,000 and average household incomes over $97,000 in a 3-mile radius
• Dense and stable trade area with over 1.5 million SF of retail space that is 98% leased
• National brand tenant with over 20,800 stores scattered across America in 48 states
• Corporate lease with parent guaranty (NYSE: DG) and investment grade credit ratings (S&P: BBB; Moody’s: Baa2)
• Fiscal 2025 net sales increased 5.2% to $42.7 billion and net income increased 34% to $1.5 billion
• South Carolina was the fastest growing state in the country in 2025 with population increase of 1.5% and Greenville recently became its first metro area to surpass 1 million residents
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
9,026 SF
Building Class
B
Year Built
2014
Price
$1,856,196 CAD
Price Per SF
$205.65 CAD
Cap Rate
6.94%
NOI
$128,863 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.72 AC
Zoning
C2
Frontage
117’ on Poinsett Hwy
Amenities
- Bus Line
- Signage
Property Taxes
| Parcel Number | 0446.00-02-001.02 | Improvements Assessment | $73,144 CAD |
| Land Assessment | $37,260 CAD | Total Assessment | $110,403 CAD |
Property Taxes
Parcel Number
0446.00-02-001.02
Land Assessment
$37,260 CAD
Improvements Assessment
$73,144 CAD
Total Assessment
$110,403 CAD
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