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Family Dollar 605 N Church St 9,180 SF Retail Building Swansea, SC 29160 $1,563,430 CAD ($170.31 CAD/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • A Dollar Tree Company
  • Columbia MSA Advantage
  • Recent Ten-Year Extension, favorable lease terms for Landlord
  • Strong Demographic Profile

EXECUTIVE SUMMARY

Colliers is pleased to offer qualified investors the opportunity to acquire a seasoned, single-tenant net leased corporate Family Dollar, in the Columbia, South Carolina MSA. In December 2023, Family Dollar exercised its second and third option period and extended the term through December 31, 2033, displaying firm commitment to this location. This Family Dollar has operated successfully at this location since its inception in 2008. The store has recently undergone an interior renovation at the sole expense of the tenant, further displaying commitment to this location.
The subject property benefits from being located within the Columbia MSA, 2nd largest MSA in South Carolina, with a population of +/- 829,000 residents. Swansea benefits from being centrally located to Columbia and Greenville as it sits on major transportation routes such as U.S. 231. Residents and visitors explore recreational spots like Congaree National Park, which set a record of 250,000 people in 2023. The largest employer in Swansea is Nucor Building systems, a metal building system manufacturer. Swansea is approximately a forty (40) minute drive time to Columbia.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,180 SF
Building Class
B
Year Built
2008
Price
$1,563,430 CAD
Price Per SF
$170.31 CAD
Cap Rate
8%
NOI
$125,074 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.86 AC
Zoning
ID
Parking
36 Spaces (3.92 Spaces per 1,000 SF Leased)
Frontage
278’ on Us-321 Hwy

AMENITIES

  • Pylon Sign

NEARBY MAJOR RETAILERS

Truist
TD Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
013021-01-004
Land Assessment
$6,332 CAD
Improvements Assessment
$48,747 CAD
Total Assessment
$55,079 CAD
  • Listing ID: 33842635

  • Date on Market: 2024-11-12

  • Last Updated:

  • Address: 605 N Church St, Swansea, SC 29160

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