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Dollar General "Plus" Store I Loris, SC 3300 SC-917 Hwy 10,452 SF Retail Building Loris, SC 29569 $2,219,548 ($212.36/SF) 6.65% Cap Rate
INVESTMENT HIGHLIGHTS
- Rent Increases 5% every 5 Yrs in Primary Term
- Horry County- One of South Carolina’s Fastest Growing Counties
- Close Proximity to North Myrtle Beach, SC
- NEW 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC
- DG Ranked #108 on Fortune 500 List
- Corner-Entry Store w/ Upgraded Construction
EXECUTIVE SUMMARY
• New DG “Plus” Store
• 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC
• Rent Increases 5% every 5 Yrs in Primary Term
• Horry County- One of South Carolina’s fastest growing counties
• Close Proximity to North Myrtle Beach
• 2,400 VPD on SC Hwy 9
• Dollar General has over 20,000 Stores in 48 States; 31 Distribution Centers
• S&P BBB Investment Grade Credit $38.7 Billion in Sales in Fiscal 2023
• Perfect 1031 Exchange Property
• DG Ranked #108 on Fortune 500 List
• 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC
• Rent Increases 5% every 5 Yrs in Primary Term
• Horry County- One of South Carolina’s fastest growing counties
• Close Proximity to North Myrtle Beach
• 2,400 VPD on SC Hwy 9
• Dollar General has over 20,000 Stores in 48 States; 31 Distribution Centers
• S&P BBB Investment Grade Credit $38.7 Billion in Sales in Fiscal 2023
• Perfect 1031 Exchange Property
• DG Ranked #108 on Fortune 500 List
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,452 SF
Building Class
B
Year Built
2024
Price
$2,219,548
Price Per SF
$212.36
Cap Rate
6.65%
NOI
$147,600
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
2.20 AC
Zoning
Commercial
Parking
36 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Dollar General
- -
- -
- -
- Triple Net
- Nov 2039
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Dollar General | - | - | - | Triple Net | Nov 2039 |
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Dollar General "Plus" Store I Loris, SC | 3300 SC-917 Hwy
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