1376 Red Bluff Rd 10,566 SF Retail Building Loris, SC 29569 $2,486,031 ($235.29/SF) 6.50% Cap Rate

This newly constructed Dollar General presents a stable, income-producing net lease investment located in one of South Carolina’s fastest-growing counties. The property benefits from a 15-year absolute NNN lease with corporate guaranty by Dolgencorp, LLC, providing investors with a predictable and hands-off income stream. Scheduled rent increases of 5% every five years further enhance long-term value and hedge against inflation.
The building features metal-over-steel construction with masonry trim, ensuring durability and low maintenance, which reduces operational risk for the ownership. Situated along Red Bluff Road, the store sees traffic of approximately 5,600 vehicles per day and serves a growing residential and rural trade area. Loris’ strategic location—23 miles from North Myrtle Beach and 18 miles from Conway—allows for diverse customer draw, while Myrtle Beach’s influence provides additional economic stability.
Dollar General, ranked #108 on the Fortune 500 list and boasting investment-grade credit, operates over 20,000 stores nationwide. Its strong credit profile and status as a recession-resistant tenant provide investors with security and long-term growth potential. This property qualifies as an ideal 1031 exchange option and offers a balance of secure cash flow and real asset appreciation in a high-growth region of Horry County.