Dollar Tree
9710 Highway 81 S, Iva, SC 29655
Corporate-Backed Dollar Tree Lease: 100% leased to Dollar Tree Stores, Inc., an investment-grade tenant rated BBB by S&P.
Attractive 1031 Price Point: Offered at $1,080,000, the Property provides investors a compelling 7.00% cap rate with a manageable basis for 1031 and private investors.
Price PSF Well Below Replacement Cost: At only $67.50 PSF, the offering provides an exceptionally low replacement-cost basis for a 16,000 SF freestanding retail building.
Below-Market Rent Creates Long-Term Value: Dollar Tree pays only $4.75 PSF, creating a low occupancy cost for the tenant and potential upside value through below-market rent economics.
Above-Market Option Rent Increases: The lease includes strong rent growth throughout the option periods, increasing from $4.75 PSF today to $7.75 PSF by the fourth option, representing a 63% increase over the current rent schedule.
Main Thoroughfare Visibility: Located on Highway 81 South, Iva’s primary commercial corridor, with full access, pylon signage, and customer visibility.
Lake-Influenced Rural Trade Area: The Property benefits from proximity to Lake Secession / Lake Hartwell-area demand, surrounding residential neighborhoods, schools, and nearby Anderson, Hartwell, and Abbeville.
Building Details
- For Sale $1,043,000
- Property Type Retail
- Property Size 16,000 SF
- Lot Size 2.28 Acre
- Cap Rate % 7.25
- NOI / YR $75,600.00
- Additional Rent Price on request
- Parking Spaces Avail. 52
- Parking Ratio 3.25 / 1,000 SF
- Year Built 2007
- Date Updated Sep 21, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
Furman Capital Advisors
Furman Capital Advisors
Furman Capital Advisors
Location
- City Iva, SC
- Zip Code 29655
- Market Greenville
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Walk score 45/100 Car-Dependent -
Bike score 37/100 Somewhat Bikeable
Points of Interest
Gulf
0.08 miles
Sportsman Warehouse
0.38 miles
Stop-A-Minit
5.42 miles
Listing Summary
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Property Financials 9710 Highway 81 S is currently listed for sale at $1,043,000 for a price per square foot of $65.19.
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Property Details 9710 Highway 81 S totals 16,000 square feet of Retail space on a lot spanning 2.28 acres. The property was initially built in 2007.
There are a total of 52 parking spaces available onsite, with a parking ratio of 3.25 / 1,000 SF.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 45, indicating that it is car-dependent.