Dollar General Store

This Dollar General store offers investors a rare combination of an above-market cap rate and a prime Columbia MSA location. Situated on a generous 3.96-acre lot along Main Street in South Congaree, the property benefits from 15,600 vehicles per day, established retail neighbors, and proximity to Columbia Metropolitan Airport just 5 miles away.

Dollar General’s decision to exercise its early renewal option speaks directly to the strength of this location. The double-net lease structure keeps landlord responsibilities minimal, with Dolgencorp, LLC providing full corporate guaranty and the tenant reimbursing taxes, insurance, and landscaping costs.

Priced at $824,495 with a 7.6% cap rate, this is a straightforward, low-management investment backed by an S&P BBB-rated tenant in a market anchored by state government, Fort Jackson, and the University of South Carolina.

Construction

2004 construction; pre-engineered metal building with metal roof and brick facade

Investment Highlights

Dollar General store situated in a prime location within the Columbia MSA on a large 3.96 acre lot.
NN lease backed by a corporate guaranty from Dolgencorp LLC providing investors with reliable passive income.
Tenant exercised early renewal option demonstrating strong commitment to this location and the surrounding trade area.
15,600 vehicles per day on Main Street providing consistent daily customer traffic to the subject property.
Located just 5 miles from Columbia Metropolitan Airport with strong regional accessibility and transportation infrastructure.
Surrounding area experiencing new development including the Salina Golf Club, a Bryant Brothers Course, signaling continued growth in the trade area.
Dollar General Corporation carries an S&P BBB investment grade credit rating with $42.7 billion in sales in fiscal 2025.
Dollar General is ranked number 111 on the Fortune 500 list with over 20,893 retail stores across 48 states.
Ideal passive income replacement property for buyers completing a 1031 exchange seeking long term investment security.
Tenant reimburses taxes and insurance and pays $425 per month toward landscaping keeping landlord responsibilities to an absolute minimum.

Sales Summary

$737,188

Purchase Price

Cap Rate

$62,661.60

NOI

Lease Type

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Whether you are looking to acquire a NNN property, sell an existing investment asset, complete a 1031 exchange, or discuss a commercial real estate opportunity, Harrison Capital Advisors is ready to assist.

James C. Harrison, III, CCIM

Managing Partner / Head of Real Estate Investment Sales

Coleman Davis

Partner / Senior Investment Real Estate Advisor

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