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Dollar General Store 2101 Wilderness Rd 10,640 SF Retail Building Conway, SC 29526 $2,601,231 ($244.48/SF) 6.50% Cap Rate



Investment Highlights
- Brand-new 2025 construction with durable steel frame and masonry accents.
- Zero landlord responsibilities with solid S&P BBB credit tenant.
- 15-year absolute NNN lease with five extension options and scheduled rent increases.
Executive Summary
This net-lease Dollar General investment opportunity offers a secure and stable income stream backed by a corporate guaranty from Dolgencorp, LLC. Constructed in 2025 with modern design and metal-over-steel-frame construction, the property sits on a 3.63-acre parcel featuring ample parking and strategic placement along Highway SC-90, a major artery carrying more than 10,500 vehicles daily.
The location benefits from significant residential growth nearby and lies in the rapidly expanding Horry County, ranked as the 44th fastest-growing county in the U.S. Coastal Carolina University, with more than 12,000 students, and Myrtle Beach’s flourishing tourism economy are both within close proximity, presenting strong consumer demand and consistent traffic.
The property is offered with a brand-new 15-year absolute NNN lease featuring 5% rent increases every five years, providing predictable revenue and zero landlord responsibilities. Dollar General, a Fortune 500 company with over 20,893 stores and an S&P investment-grade credit rating, adds institutional quality to this long-term asset. This is an exceptional 1031 exchange candidate combining a reliable tenant, strong demographics, and geographic growth fundamentals.
The location benefits from significant residential growth nearby and lies in the rapidly expanding Horry County, ranked as the 44th fastest-growing county in the U.S. Coastal Carolina University, with more than 12,000 students, and Myrtle Beach’s flourishing tourism economy are both within close proximity, presenting strong consumer demand and consistent traffic.
The property is offered with a brand-new 15-year absolute NNN lease featuring 5% rent increases every five years, providing predictable revenue and zero landlord responsibilities. Dollar General, a Fortune 500 company with over 20,893 stores and an S&P investment-grade credit rating, adds institutional quality to this long-term asset. This is an exceptional 1031 exchange candidate combining a reliable tenant, strong demographics, and geographic growth fundamentals.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Building Class
C
Year Built
2025
Price
$2,601,231
Price Per SF
$244.48
Cap Rate
6.50%
NOI
$169,080
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.54 AC
Zoning
GC - General Commercial
Frontage
Somewhat walkable
20/100
Exceptionally drivable
90/100
Somewhat bikeable
30/100
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Dollar General Store | 2101 Wilderness Rd
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