Purchase Price | $2,430,769 |
---|---|
Annual Rental Income | $164,076 |
Cap Rate | 6.75% |
Lease Term | 12 Years |
City | Easley |
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This offering features a net lease property leased to Dollar General Corporation—a publicly traded, investment-grade retailer—backed by a corporate guarantee. The absolute triple-net lease places full responsibility for property expenses—taxes, insurance, structural maintenance, and HVAC—on the tenant, delivering a truly passive, long-term income stream.
Easley is a steadily growing community in Pickens County with over 28,000 residents in the city proper and projected regional ZIP Code population growth of more than 8% through 2025. The area’s average household income exceeds $100,000, with strong median household income around $65,000. It’s strategically situated within the Greenville–Anderson metro area, offering low local competition for discount retail and drawing consumers from both full-time residents and neighboring townships . Key employment anchors include education, healthcare, manufacturing, and energy sectors, supported by major employers like Duke Energy, Nucor, Prisma Health, and Clemson University nearby. Additional community appeal stems from amenities such as the popular Doodle Trail, renovated historic downtown, and an affordable cost of living below the U.S. average