The Palomar Group Completes $900,000 Sale of Dollar General in Anderson, SC

The Palomar Group is pleased to announce the successful sale of a 9,026 SF Dollar General located at 5520 Hwy 187 in Anderson, SC. Built in 2015, the property traded for $900,000 at an 8% cap rate. The single-tenant asset features an absolute NNN lease with five years remaining.

The property was sold by a private seller to a private buyer, representing a strong transaction for both parties.

“Closing this long-term absolute NNN Dollar General in Anderson with a local investor not only places a strong tenant in great hands, but also further expands Palomar’s footprint throughout the Carolinas,” said Brent Hadden, Associate at The Palomar Group.

With offices in Augusta, GA, Charleston, SC, and Houston, TX, The Palomar Group specializes in investment sales of retail and multifamily properties nationwide. The team has executed transactions totaling more than 13.5 million square feet and $1.5 billion across 19 states, leveraging its market knowledge and deep buyer and seller relationships to deliver strong outcomes for clients.

For more information, please visit www.thepalomargroup.com or email team@thepalomargroup.com.