For Sale

Dollar General | Greenville SC (Cherrydale) | NNN Lease

2614 Poinsett Hwy, Greenville, SC 29609

Located in the established and desirable Cherrydale community of north Greenville, the Property has thrived since opening 12 years ago. It sits near the entrance to recreational hub Paris Mountain State Park, 2 miles from world-class Furman University, and 8 miles from the I-85 corridor, connecting Greenville to Charlotte (1.5 hours) and Atlanta (2 hours). Greenville is consistently ranked as one of the most popular and affordable places to live in the country.Trinity Partners is proud to serve as exclusive advisor to ownership and present to the marketplace this net lease retail investment opportunity in Upstate South Carolina leased to Dollar General, America’s #1 dollar store with over 20,800 locations in 48 states. Developed in 2014, the Property is 3 miles north of Downtown Greenville along heavily travelled Poinsett Hwy/US 276. It includes 2.7+ acres and a well maintained 9,000+ square foot building with 30 parking spaces and a large, elevated pylon sign. The 15-year NNN corporate lease commenced in April 2014 and includes five 5-year renewal options with 10% rental increases in each option period. The lease is guaranteed by the publicly traded parent company (NYSE: DG).

Key features

  • Corporate lease with parent guaranty (NYSE: DG) and investment grade credit ratings (S&P: BBB; Moody’s: Baa2)
  • Dense and stable trade area with over 1.5 million SF of retail space that is 98% leased
  • Fiscal 2025 net sales increased 5.2% to $42.7 billion and net income increased 34% to $1.5 billion
  • National brand tenant with over 20,800 stores scattered across America in 48 states
  • Near term rent bump of 10% in May 2029 (renewal option 1) pushing Cap Rate north of 7.6%
  • Population over 56,000 and average household incomes over $97,000 in a 3-mile radius
  • Rare older NNN lease where landlord has ZERO management/maintenance responsibility
  • South Carolina was the fastest growing state in the country in 2025 with population increase of 1.5% and Greenville recently became its first metro area to surpass 1 million residents
  • Traffic counts over 23,500 on 5-lane Poinsett Hwy north of site and over 34,500 south of it
  • Upside potential with over 2.7 acres of land and below market rent of $10.38 PSF currently
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Tyson Glasser

Trinity Partners - Greenville

Building Details

  • For Sale $1,350,000
  • Property Type Retail - Freestanding
  • Property Size 9,026 SF
  • Lot Size 2.7 Acre
  • Date Updated May 18, 2026

Attachments

Getting Around

  • Walk Score ®

    Somewhat Walkable (52)

  • Bike Score ®

    Somewhat Bikeable (24)
Powered by Walk Score ®

Location

  • City Greenville, SC
  • Neighborhood Travelers Rest
  • Zip Code 29609
  • Market Greenville

Points of Interest

Walmart

1.14 miles

7-11

1.15 miles

Garden Spot

1.62 miles

Spinx

1.66 miles

GT'S Express Gas

1.78 miles

Marathon

2.22 miles

Sunoco

2.27 miles

Texaco

2.38 miles

Fast Charger

3.47 miles

Chapel Lot South

1.91 miles

Chapel Lot North

1.97 miles

Music Lot

2.06 miles

Visitor Parking

2.11 miles

McAlister Lot

2.14 miles

Handicap Parking

2.15 miles

Swamp Rabbit Tram Trail parking

2.22 miles

South Housing Parking

2.22 miles

Housing Staff Parking

2.22 miles

Publix

1.04 miles

Ross

1.10 miles

Ingles

1.11 miles

Walmart Neighborhood Market

1.19 miles

Burlington

1.28 miles

ALDI

1.58 miles

Big Lots

2.41 miles

Food Lion

2.69 miles

Harris Teeter

3.23 miles

2614 Poinsett Hwy Listing Summary

  • What is the asking price at Dollar General | Greenville SC (Cherrydale) | NNN Lease?

    Dollar General | Greenville SC (Cherrydale) | NNN Lease is currently listed for sale at Contact for pricing.

  • What is the total size of Dollar General | Greenville SC (Cherrydale) | NNN Lease?

    Dollar General | Greenville SC (Cherrydale) | NNN Lease has a total of 9,026 square feet.

Contact Listing Broker
Tyson Glasser

Trinity Partners - Greenville

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