January 15, 2021 – Luke Thomson and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Family Dollar in Winnsboro, South Carolina. Horvath & Tremblay exclusively represented the buyer to complete the transaction at a sale price of $1,275,000.
Family Dollar is located at 941 US Highway 321 BYP in Winnsboro, South Carolina. Family Dollar has occupied the 8,320 square foot stand-alone building since it was constructed in 2017. Family Dollar signed a brand new, 10-year Double Net Lease in 2017 that currently has over 7 years of term remaining and is followed by four, 5-year renewal options. The lease features a 5% rent increase at the start of each option period. The Property is strategically positioned along US-321 BYP, in the center of Winnsboro. The property is located directly across the street from Fairfield High School and Fairfield Middle School. The Property benefits from its central location along US-321 BYP, the primary highway traversing Winnsboro, SC. Winnsboro is located in central South Carolina, 25 miles north of Columbia.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.