Dollar Tree Combo Store

8158 SC Hwy 14, Gray Court, SC 29645

  • For Sale $2,250,000
  • Property Type Retail - Freestanding
  • Property Size 10,500 SF
  • Lot Size 1.76 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Date Updated Jul 21, 2024
SEC of Hwy 14 and Hwy 101Trinity Partners is proud to serve as exclusive listing broker on behalf of Twin Rivers Capital and present to the marketplace this brand-new Dollar Tree Combo Store net lease investment opportunity in Gray Court, South Carolina (“Dollar Tree” or the “Property”). The Property was developed in 2023 as Dollar Tree’s first store in the market and was built with all custom brick to make a lasting impression. The site is situated on the best piece of commercial real estate in the market, at the main signalized intersection of town, and along the primary traffic corridor in the county. Dollar Tree is on a 10-year net lease with a corporate guaranty that commenced in October 2023. There are multiple renewal options with rent increases every option period. Dollar Tree is a leading operator of discount variety stores that have served North America for nearly 70 years. The Property is located just off I-385 and less than a 30-minute commute to Downtown Greenville and Greenville-Spartanburg International Airport. Gray Court is part of the booming 10-county Upstate SC region and is positioned to experience tremendous growth over the decade and beyond.

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Attachments

Highlights

  • Dollar Tree (NASDAQ: DLTR, S&P: BBB, Moody’s: Baa2) operates more than 16,000 stores across 48 states and 5 Canadian provinces
  • The company is ranked #137 on the Fortune 500 and has more than 211,000 associates and 25 distribution centers
  • The brand has proven to be internet and recession proof with net sales of $30.6B in 2023, a 30% increase since 2019 (store count increased 9.7%)
  • 10-year corporate lease with 4 renewal options of 5 years each and $0.50 PSF rent bumps every option
  • Main and main location at the busiest intersection in the market with the highest traffic counts of 11,700 VPD on Hwy 14
  • Only 1.5 miles off I-385 (29,300 VPD) and less than a 30-minute drive to GSP International Airport (2.56M passengers in 2023, a 17% increase from 2022)
  • Population over 57,600 within a 10-mile radius and over 176,800 within a 15-mile radius
  • Average HH income of $81,700 and median HH income of $58,850 within a 5-mile radius
  • The Upstate SC region has a population of 1.6M with a net migration of 82 people/day and cost of living 8.6% below the national average

Contacts

broker

Tyson Glasser

Trinity Partners - Columbia

Location

Getting Around

  • Walk Score ®

    17/100 Car-Dependent

  • Bike Score ®

    32/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Gray Court, SC
  • Neighborhood Gray Court
  • Zip Code 29645
  • Market Greenville

Points of Interest

  • Gulf

    6.83 miles

  • 7-Eleven

    6.95 miles

  • Marathon

    8.27 miles

  • Corner Mart

    8.37 miles

  • Pavan

    9.17 miles

  • Spinx

    9.31 miles

  • Kash

    9.35 miles

  • AM PM

    9.89 miles

  • Center Parking

    8.04 miles

  • Trail Access Parking

    8.23 miles

  • Library parking

    9.04 miles

  • Boat Parking

    9.13 miles

  • Public Square Parking

    9.22 miles

  • Brick Oven Pizza

    2.10 miles

  • Garcia's

    5.68 miles

  • Pete's Diner

    6.59 miles

  • Waffle House

    6.99 miles

  • Zaxby's

    7.23 miles

  • McDonald's

    7.28 miles

  • Bojangles'

    7.37 miles

  • The Clock Drive In

    7.55 miles

  • Sweet Catherine's

    7.73 miles

  • Cucina 100

    7.76 miles

  • Food Lion

    8.78 miles

Frequently Asked Questions

How much does Dollar Tree Combo Store cost?

The space currently listed for sale at Dollar Tree Combo Store asks for $2,250,000.

What is the total square footage of Dollar Tree Combo Store?

Dollar Tree Combo Store totals 10,500 square feet.

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Contact Listing Broker

broker

Tyson Glasser

Trinity Partners - Columbia