Sale of Family Dollar in the Greenville CSA Date October 30, 2026
The Boulder Group has completed the sale of a single tenant Family Dollar property located at 166 West Main Street in Duncan, SC for $1,150,000. The Boulder Group’s Zach Wright and Brandon Wright exclusively represented the seller in the transaction. The seller was a private investor based in North Carolina and the purchaser was a real estate investment company based in the Pacific Northwest. The property generated substantial interest and received numerous offers during the marketing process.
The Family Dollar property is located at the hard corner of West Main Street and Spartanburg Road in a densely populated area with over 61,000 people living within five miles. Duncan is part of the Greenville-Spartanburg-Anderson CSA (Upstate Region), one of the fastest growing areas in the country with approximately 1.66 million people. The Family Dollar is strategically located eight miles north of Greenville-Spartanburg International Airport and five miles north of BMW’s only North American manufacturing plant.
The 9,180 SF building was recently constructed in 2021 as a build-to-suit for Family Dollar. Family Dollar has over four years remaining on their lease which features a corporate guaranty and rental increases in each option. Family Dollar is one of the largest discount retailers in the nation with approximately 8,000 stores.
“Well-located net lease properties in South Carolina with lower price points are highly sought after amongst private investors. These properties trade for a premium when compared to national averages,” stated Zach Wright, Vice President.
“We received multiple qualified offers on this Family Dollar despite recent headlines about store closures and Dollar Tree’s sale of Family Dollar. Properties in the Carolinas continue to draw strong demand from both local investors and net lease investors nationwide,” said Brandon Wright, Associate.
About The Boulder Group
The Boulder Group is a boutique investment real estate service firm specializing in single tenant net lease properties. The firm provides a full range of brokerage, advisory, and financing services nationwide to a substantial and diversified client base, which includes high-net-worth individuals, developers, REITs, partnerships and institutional investment funds. Founded in 1997, the firm has arranged the acquisition and disposition of over $11 billion of single tenant net lease real estate transactions. From 2015-2025, the firm was ranked in the top 10 companies in the nation for single tenant retail transactions by both MSCI Real Capital Analytics and CoStar. The Boulder Group is headquartered in suburban Chicago and has an office in Denver. For additional information, please visit www.BoulderGroup.com
PR Contact
Zach Wright 720-604-2220
Back