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6533 Highway 701 N
Conway, SC 29526
15 Year Absolute NNN Dollar General · Retail Property For Sale
PROPERTY FACTS
ABOUT 6533 HIGHWAY 701 N , CONWAY, SC 29526
This is the unique opportunity to purchase a corporately guaranteed Dollar General asset with a newly executed absolute net lease in Conway, South Carolina. This is a new 15 year lease calling for zero landlord obligations. The tenant has five 5 year renewal options with 10% rental increases at each option. This is an ideal opportunity for a passive investor looking for a long-term stable investment. Conway is a city in Horry County, South Carolina. The population was 16,317 at the 2010 census. It is the county seat of Horry County and is part of the Myrtle Beach metropolitan area. It is the home of Coastal Carolina University. Numerous buildings and structures located in Conway are on the National Register of Historic Places. Among these is the City Hall building, designed by Robert Mills, architect of the Washington Monument. Since the completion of the Main Street USA project in the 1980s, Conway’s downtown has been revitalized with shops and bistros. Highlighting the renovation of the downtown area is the Riverwalk, an area of fine dining which follows a stretch of the Waccamaw River that winds through Conway.
