Dollar General - Taylor, SC
StackSource recently sourced an acquisition loan for a Dollar General located in Taylor, SC, part of the Greenville MSA. The Dollar General has approximately 4.5 years left on their initial 15-year NN lease. The lease comes with five 5-year options to renew. The property is situated in a high growth area of metro Greenville, SC with a population growth of 26% with in a 5-mile radius since 2000. Capital Advisor, Andrew Bouton, worked with a NC based credit union to secure a non-recourse, 65% LTV product. The loan came with a 3.95% fixed rate for 5 years based on a 25-year amortization schedule and no prepayment penalty.