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1 Store Number 20773 2410 Flat Creek Rd. Lancaster, SC 29720 Lancaster County Net Lease Investment Offering

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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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Page 1: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

1

Store Number 20773

2410 Flat Creek Rd.Lancaster, SC 29720

Lancaster County

Net LeaseInvestment Offering

Page 2: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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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

Page 3: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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

Page 4: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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RETAIL MAP 1

Page 5: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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RETAIL MAP 2

5

Page 6: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

66

SITE PLAN

Page 7: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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RENDERINGS

Page 8: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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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

Page 9: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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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.

Page 10: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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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

Page 11: 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 y t d t E 521 521 521 903 903 914 200 9 9 9 9 200 2410 Flat Creek Rd. Lancaster,

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Greg Googer, Developer101 North Pine Street, Suite 414 ESpartanburg, SC [email protected]