2614 Poinsett Hwy
Greenville, SC 29609
Dollar General | 3 Miles to CBD | NNN Lease · Commerce de détail Propriété À vendre

• 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