110 N CENTER ROAD HARTSVILLE, SC 29550 JESSE LONG PRINCIPAL/BIC CELL | 770.653.9400 FAX | 843.414.5209 JLONG@BIRCHINLANEREALTY .COM CATHERINE V AUGHN BROKER CELL | 843.437.7310 FAX | 843.414.5209 CVAUGHN@BIRCHINLANEREALTY .COM
110 N CENTER ROAD HARTSVILLE, SC 29550
JESSE LONG
PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
CATHERINE VAUGHN
BROKER
CELL | 843.437.7310
FAX | 843.414.5209
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
TA B L E O F C O N T E N T S
SECTION ILocation Map
Investment Highlights
Investment Details
Aerial Map
Site Plan
SECTION IIDemographics Map
Demographics
Traffic Count Map
Area Overview
Tenant Profile
SECTION III
DISCLAIMER
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
*representation of property
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
L O C AT I O N M A P
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
73 Miles to Columbia SC State Capital
87 Miles to Charlotte
135 Miles to Charleston
88 Miles to Myrtle Beach
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
L O C AT I O N M A P
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
I N V E S T M E N T H I G H L I G H T S
• Fundamental Real Estate - Located at a full
access, lighted intersection on N Center Road
and Hwy 34
• Limited Competition – closest Dollar Store is
over 5 miles away
• Hartsville is in Darlington County and is a part of
the Florence MSA (pop. 209,000)
• Over 15,000 Vehicles Per Day on Hwy 34
• Absolute 15 year NNN
• Corporate Guarantee
• Home of Coker College and South Carolina
Governor’s School for Science and
Mathematics
• Hartsville is home to several major
corporations including Sonoco Products
Company (NYSE: SON) – a Fortune 500
Company with $4.9 Billion in annual sales as well
as Duke Energy, H. B. Robinson Nuclear
Generating Station, Novolex, and Stingray Boats
• Surrounding residential and businesses all
within a mile serve as excellent traffic generators
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
Tenant Dollar General
Building Size 9,100 SF
Primary Lease Term 15 years
Lot Size 2 acres
Option Five, 5 year renewals
Lease Type NNN
Landlord Responsibilities Zero
Ownership Fee Simple
Annual Rent $90,012
Rent Increases 10% at each option period
Cap Rate 6.70%
Sale Price $1,343,462
1 Mile 3 Mile 5 Mile
Population 381 2,430 8,000
Average HH
Income
$50,150 $53,296 $51,814
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
R E A L E S TAT E I N V E S T M E N T D E TA I L S
.
Property Address:
110 N Center Road
Hartsville, SC 29550
Year Built:
February 2018
Land size:
2.0 acres
Property Type:
Single Tenant Retail
Purchase Price:
$1,343,462
Cap Rate:
6.7%
Tenants:
1
Total Rentable SF:
9,100
Net Operating Income:
$90,012
Monthly Net
Operating Income:
$7,501
Guarantor:
Dolgencorp, LLC
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
A E R I A L
110 N CENTER ROAD HARTSVILLE, SC 29550
South Auto Parts
Lowe’s
Warehouse
Darlington Co
Fire District
Tadlock’s Painting
Rock Company
E Bobo Newson
Hwy 15,200 VPD
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
A E R I A L
110 N CENTER ROAD HARTSVILLE, SC 29550
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
A E R I A L
110 N CENTER ROAD HARTSVILLE, SC 29550
SITE OF NEW
DOLLAR GENERAL
ON N CENTER RD
8.3 Miles Away
5.1 Miles Away
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
110 N CENTER ROAD HARTSVILLE, SC 29550
S I T E P L A N
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
AVERAGE DAILY TRAFFIC 1 – 3 – 5 MILE RADIUS COUNT
CELL | 770.653.9400
FAX | 843.414.5209
A R E A O V E R V I E W H A R T S V I L L E , S O U T H C A R O L I N A
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
Hartsville, SC
Coker is located in Hartsville, S.C. and was awarded 2016
All-America City. The All-America City award is given by the
National Civic League annually to ten communities in the
United States. It recognizes those whose citizens work
together to identify and tackle community-wide challenges
and achieve uncommon results. All-America is the oldest
community recognition program in the nation. Hartsville is
located in the northeastern region of the state. Greater
Hartsville has a population of 28,000. Hartsville is 25 miles
from air and rail service in Florence, S.C. where I-95 and I-20
intersect. Myrtle Beach and the Grand Strand are 90 miles
away; Columbia, the state capital, is 75 miles away; and
Charlotte, N.C., is 80 miles away.
Although it is a bustling community, Hartsville is a
manageable small city, with the center of downtown -- shops,
a movie theater, restaurants, the county library, police
department and museum -- within two or three blocks of
campus. An abundance of trees, traditional neighborhoods
and historic homes make Hartsville one of the most attractive
towns in South Carolina.
Hartsville is home to several major corporations including Sonoco Products Company and Duke Energy Progress. It’s also home to
nationally-ranked Coker College and the South Carolina Governor's School for Science and Mathematics.
www.hartsvillechamber.org
CELL | 770.653.9400
FAX | 843.414.5209
E C O N O M I C O V E R V I E W H A R T S V I L L E , S C
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
Hartsville is a unique town: home to a multi-billion dollar
American manufacturer Sonoco, a nationally recognized 100-
year old, nationally-ranked liberal arts college Coker College and
the South Carolina Governor's School for Science and
Mathematics.
Sonoco
Sonoco is a multi-billion dollar global provider of consumer
packaging, industrial products, protective solutions and display
and packaging services. From its headquarters in Hartsville, S.C.,
and more than 335 operations in 33 countries, Sonoco produces
packaging for a variety of industries and many of the world’s most
recognized brands, serving customers in 85 nations.
The future remains bright for the Fortune 500 Company that has
its global headquarters in Hartsville, where it oversees 19,900
employees at 347 sites in 34 countries.
A recent economic impact study found that Sonoco impacts the
state to the tune of $1 billion annually.
The South Carolina Governor's School for Science and Mathematics is an innovative high school for academically motivated juniors
and seniors pursuing studies in science, technology, engineering and math—one of only 12 specialized, residential high schools in the
nation. GSSM offers a well-rounded education that places special emphasis on science and mathematics. The course work is hands-on:
small classes, extended field trips, directed laboratory investigation and mentored research to show students the practical applications of
their studies.
Coker College
Founded in 1908, Coker is a bachelor’s and master’s degree-granting institution and competes in 21 NCAA Division II sports. Coker is
ranked among the "Best Colleges" in the South by U.S. News & World Report as well as The Princeton Review, and by Washington Monthly
as No. 2 in South Carolina for value.
www.hartsvillechamber.org
CELL | 770.653.9400
FAX | 843.414.5209
E C O N O M I C O V E R V I E W S O U T H C A R O L I N A
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
www.scchamber.net
Business environment
•Ranked 1st among 17 Southeastern states in per capita investment
•An $18 million annual fund for highway construction and improvements for economic development purposes
•Tax increment financing for redevelopment projects
•Lowest Workers’ Compensation rates in the nation
•Cost of living 12% less than the national average
Transportation
• Within a two-day drive of nearly 75 percent of U.S. population.
• Five interstates – 95, 20, 26, 77 and 85.
• Seven major airports, three Atlantic seaports and a 2,500-mile rail network.
• Port of Charleston –2nd busiest container port on the East Coast, delivers $53 billion in
annual statewide economic impact, responsible for 187,200 SC Jobs
Labor
• ReadySC – the nation's top-ranked workforce training program.
• Low 2.1 percent unionization rate
• A "right to work" and "employment at will" state
• Sixteen technical colleges that graduate more than 9,000 people each year 10th Fastest Growth State in the Country
Quality of life
• Recreational opportunities extend from 200 miles of beach to the rolling foothills of the Piedmont
• A rich cultural heritage is celebrated with art museums, opera houses, theater, ballet, symphony, Spoleto and other folk festivals
• Sporting activities and events include top-level collegiate sports, steeplechase, polo, NASCAR, golf, fishing and hunting
• South Carolina has over 400 golf courses and the moderate weather to play all year.
• Home to Charleston, South Carolina – ranked "World's Best City" by Travel + Leisure
CELL | 770.653.9400
FAX | 843.414.5209CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209
Dollar General Corporation has been
delivering value to shoppers for over 75
years. Dollar General helps shoppers
Save time. Save money. Every day!® by
offering products that are frequently used
and replenished, such as food, snacks,
health and beauty aids, cleaning supplies,
basic apparel, housewares and seasonal
items at low everyday prices in
convenient neighborhood locations.
With over 14,000 stores in 44 states.
Dollar General has more retail locations in
the U.S. than any other discount retailer.
In addition to high quality private brands,
Dollar General sells products from
America’s most-trusted manufacturers
such as Procter & Gamble, PepsiCo,
Coca-Cola, Nestle, General Mills,
Unilever, Kimberly-Clark, Kellogg’s and
Nabisco. Learn more about Dollar
General and shop online at:
www.dollargeneral.com
Net Income 2016:
$1.25 Billion
Same Store Sales
Increased .9% for
2016 (2.6% for 2nd
Quarter 2017)
S&P Credit: BBB
Investment
Ranked #139
Fortune 500 List
Full Year 2016
Net Sales
Increased 7.9%
Gross Profit
Rate 30.6%for
2016
JESSE LONG | PRINCIPAL/BIC
CELL | 770.653.9400
FAX | 843.414.5209
[ D I S C L A I M E R ]
The information provided and to be provided with respect to property being marketed was obtained from variety of sourcesand OWNER HAS NOT MADE ANY INDEPENDENT INVESTIGATION OR VERIFICATION OF THE INFORMATION PRESENTED OR TO BEPRESENTED WITH RESPECT TO THE PROPERTY. OWNER AND ITS AGENTS MAKE NO REPRESENTATIONS OR WARRANTIES AS TOTHE ACCURACY OR COMPLETENESS OF SUCH INFORMATION.
Birchin Lane Realty Advisors, LLC (“Birchin Lane”) hereby advises all prospective purchasers of Net Leased property as follows:The information contained in this Offering Memorandum has been obtained from sources we believe to be reliable.However, Birchin Lane has not and will not verify any of this information, nor has Birchin Lane conducted any investigationregarding these matters. Birchin Lane makes no guarantee, warranty or representation whatsoever about the accuracy orcompleteness of any information provided. As the Buyer of a net leased property, it is the Buyer’s responsibility toindependently confirm the accuracy and completeness of all material information before completing any purchase. ThisOffering Memorandum is not a substitute for your thorough due diligence investigation of this investment opportunity. BirchinLane expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections,opinions, assumptions or estimates used in this Offering Memorandum are for example only and do not represent the currentor future performance of this property.
The value of a property to you depends on factors that should be evaluated by you and your tax, financial and legal advisors.Buyer and Buyer’s tax, financial, legal, and construction advisors should conduct a careful, independent investigation of any netleased property to determine to your satisfaction with the suitability of the property for your needs. Like all real estateinvestments, this investment carries significant risks. Buyer and Buyer’s legal and financial advisors must request and carefullyreview all legal and financial documents related to the property and tenant. Returns are not guaranteed. By accepting thisOffering Memorandum you agree to release Birchin Lane Realty Advisors, LLC and hold it harmless from any kind of claim,cost, expense, or liability arising out of your investigation and/or purchase of this net leased property.
CATHERINE VAUGHN | BROKER
CELL | 843.437.7310
FAX | 843.414.5209