3597 Hwy 11

3597 Hwy 11, Travelers Rest, SC 29690

Property Information

  • For Sale $1,435,200
  • Property Type Retail
  • Property Size 9,100 SF
  • Lot Size 4.2 Acre
  • Cap Rate % 7
  • NOI / YR $100,464.00
  • Parking Spaces Avail. 30
  • Parking Ratio 3.30 / 1,000 SF
  • Date Updated Aug 11, 2026

Description

Attractive Long-Term Lease Structure: Absolute NNN lease with approximately 10 years of remaining primary term, featuring 5% rental increases every five years and five 5-year renewal options, providing investors with long-term income growth and cash flow stability.

 

Zero Landlord Responsibilities: Absolute NNN lease structure with zero landlord responsibilities Corporate Dollar General Commitment: Leased to Dollar General, one of the nation’s largest discount retailers, operating more than 20,000 stores across the U.S. and Mexico and generating approximately $40.6 billion in annual revenue, demonstrating significant scale and market. presence.

 

Investment-Grade Credit Tenant: The lease is backed by Dollar General, which maintains an S&P BBB investment-grade credit rating, providing investors with enhanced credit quality and income security.

 

Limited Dollar Store Competition: The property benefits from a strong competitive position, with the nearest dollar store located approximately 5.5 miles away.

 

Affluent Consumer Base: A 3-mile average household income of $112,150 underscores the area’s strong purchasing power and supports long-term tenant performance.

 

Proximity to Large, Up-Scale Living Community: This property sits directly across the highway (US Hwy 25) from The Cliffs at Mountain Park, a premier 5,000 acre private mountain living community that boasts a golf course ranked as “#59 on Golfweek’s Best 2026 top 200 residential Golf Courses in the U.S.  

Contacts

Location

Located at 3597 Hwy 11, Travelers Rest, SC 29690, this property is part of the Tigerville neighborhood and Greenville market.

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