Family Dollar 361 Shanklin Rd 8 000 pi² Commerce de détail Immeuble Beaufort, SC 29906 1 391 600 $ CAD (173,95 $ CAD/pi²) 9,73% Taux de capitalisation

Reedy River Retail at SVN Palmetto presents the opportunity to acquire a corporately
guaranteed single-tenant net-leased retail asset occupied by Family Dollar in Beaufort, a
stable and supply-constrained coastal South Carolina market. The property is strategically
positioned directly across the street from Food Lion, benefiting from strong daily traffic and
established neighborhood retail synergy.
The subject property features an 8,000-square-foot freestanding building situated on a 3.21-
acre parcel, providing excellent visibility, access, and long-term real estate optionality. Family
Dollar is currently operating under a corporate lease with approximately 2.5 years remaining on
the current term and has already exercised its first five-year renewal option, demonstrating
continued commitment to the location.
The lease includes three (3) additional five-year renewal options, each with 10% rental increases, offering investors built-in income growth and long-term cashflow durability. The lease structure is net leased, with the tenant responsible for the majority of operating expenses, resulting in minimal landlord
management responsibilities.
The asset is being offered at an attractive 9.7% cap rate, presenting a compelling yield relative to comparable single-tenant net-lease retail offerings.
The combination of strong corporate credit, remaining option periods, contractual rent growth, and a well located retail site positions this property
as a stable, income-producing investment with long-term upside.