2410 Flat Creek Rd. Lancaster, SC 29720 Lancaster County · 3 M o n r o e H w y Lancaster d y s W y...
Transcript of 2410 Flat Creek Rd. Lancaster, SC 29720 Lancaster County · 3 M o n r o e H w y Lancaster d y s W y...
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Store Number 20773
2410 Flat Creek Rd.Lancaster, SC 29720
Lancaster County
Net LeaseInvestment Offering
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TABLE OF CONTENTS
Property Summary ................3
Retail Map 1 ..............................4
Retail Map 2..............................5
Site Plan .....................................6
Renderings ................................ 7
Demographics .........................8
Area Overview ........................9
About Dollar General .......... 10
Contact .....................................11
2410 Flat Creek Rd.Lancaster, SC 29720
Lancaster County
3M
onro
e H
wy
Lancaster
Flat Creek Rd
Kershaw C
amden H
wy
Pageland HwyHwy 9 Bypass W
Charlotte H
wy
W Meeting St
Great
Falls R
d
S Main St
Lancaster Bypass E
521
521
521
903
903
914
200
9
9
99
200
2410 Flat Creek Rd. Lancaster, SC 29720Lancaster County
PROPERTY SUMMARYAddress 2410 Flat Creek Rd.
Lancaster, SC 297920Lancaster County
Delivery to DG: January 17, 2020Estimated Opening: End of January 2020Annual Rent: $99,876Size: 9,100 SF buildingConstruction: Upgraded BTS prototypeAsking Price: $1,536,500Asking Cap: 6.5% CAPOwner Name: CDP Lancaster, LLC
HIGHLIGHTS:• Dollar General: 9,100 SF• Located on main commuter route in the heart
of a retail corridor in Lancaster, SC• Residential market• Brand New Construction• New LED Lighting Interior & Exterior• NNN – Zero Landlord Responsibilities• 15 year Initial Term• Five – 5 year Options• 10% Rent increase each option• 12,100 VPD VPD (Flat Creek Road)• Opening at the End of January 2020
Mon
roe
Hw
y
Lancaster
Flat Creek Rd
Kershaw C
amden H
wy
Pageland HwyHwy 9 Bypass W
Charlotte H
wy
W Meeting St
Great
Falls R
d
S Main St
Lancaster Bypass E
521
521
521
903
903
914
200
9
9
99
200
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RETAIL MAP 1
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RETAIL MAP 2
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SITE PLAN
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RENDERINGS
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DEMOGRAPHICS
Population 416 9,161 27,539Households 160 3,527 10,730Families 116 2,419 7,121Average Household Size 2.59 2.53 2.52Owner Occupied Housing Units 139 2,636 7,226Renter Occupied Housing Units 21 891 3,504Median Age 43.7 42.3 39.3Median Household Income $52,029 $41,221 $36,224Average Household Income $59,735 $56,826 $54,814
20192024
Population by AgePopulation by Age
Perc
ent
14
12
10
8
6
4
2
00-4 5-9 10-14 15-19 20-24 25-34 35-44 45-54 55-64 65-74 75-84 85+
1 MILES 3 MILES 5 MILES
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AREA OVERVIEW
Lancaster is located in northern Lancaster County, South Car-olina. Lancaster is considered part of the Charlotte Metropoli-tan Area, an area consisting of both North and South Carolina with over 2,000,000 residents.
The city of Lancaster is home to the University of South Caro-lina at Lancaster also known as USCL with 1,588 students. It is one of the four regional USC campuses offering two-year and four-year programs in the USC System.
Flat Creek Road is a main commuter route in the heart of a retail corridor in Lancaster, SC. This location will capture commuter traffic to downtown Lancaster and serve residential areas around the site.
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ABOUT DOLLAR GENERAL
Dollar General properties are typically located in local neigh-borhoods and in communities deemed too small for big-box retailers. Dollar General offers both name-brand and generic merchandise including store brand goods. Dollar General is an investment grade rated company with a Standard & Poor’s rating of BBB. Dollar General is publicly traded on the New York Stock Exchange (Symbol: DG) with a market capitaliza-tion in excess of $24 billion. Dollar General operates more than 16,000 stores located in 44 states.
• Over 16,000 Locations in 44 States• S&P Rating BBB- Investment Grade• Leading small-box convenience discounter• 15 Distribution Centers from Coast to Coast• National and Private Brands• Value-conscious and convenience seeking customers
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Greg Googer, Developer101 North Pine Street, Suite 414 ESpartanburg, SC [email protected]