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Dollar Tree 8900 Old Georgetown Rd 10,000 SF Retail Building Sunset Beach, NC 28468 $2,411,400 ($241.14/SF) 7% Cap Rate
Investment Highlights
- Benefit from a 6.4% Annual Population Growth (2024-2029).
- Prime intersection in the Calabash area of North Carolina, boasting high visibility, easy accessibility and proximity to the SC border & Myrtle Beach.
- Brand-new construction, 10,000-square-foot retail property 100% occupied by Dollar Tree with rent commencing in July 2025.
- Rapidly growing area surrounded by several new multifamily developments and a population of 39,000 people within a 5-mile radius.
Executive Summary
Take advantage of an exceptional, turnkey investment opportunity prominently positioned in a booming Calabash, North Carolina, locale at 8900 Old Georgetown Road. This brand-new 10,000-square-foot freestanding building comprises a versatile layout and solid construction, presenting a lucrative foundation for a variety of businesses. Dollar Tree fully occupies the property, and a long-term lease will commence in July.
8900 Old Georgetown Road offers a compelling opportunity for retail investors, benefiting from 100% occupancy from a national retailer, economic area growth, and a strategic location. This highly visible site sits in a prime, well-trafficked corridor with exposure to over 10,670 daily drivers. Situated near the North Carolina-South Carolina border and close to Myrtle Beach, the property benefits from cross-border commerce and a broad customer base.
Calabash, North Carolina, is a vibrant coastal town in Brunswick County, known for its seafood and charming small-town atmosphere. The area's population growth and reputation as a vacation destination attract both residents and tourists, increasing demand for retail services. The population in Calabash has exploded in recent years, growing 7.8% annually over the last five years, and this incredible growth is predicted to continue. It is estimated that the population within a 3-mile radius of 8900 Old Georgetown Road will grow by more than 6% annually for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and flourishing community.
8900 Old Georgetown Road offers a compelling opportunity for retail investors, benefiting from 100% occupancy from a national retailer, economic area growth, and a strategic location. This highly visible site sits in a prime, well-trafficked corridor with exposure to over 10,670 daily drivers. Situated near the North Carolina-South Carolina border and close to Myrtle Beach, the property benefits from cross-border commerce and a broad customer base.
Calabash, North Carolina, is a vibrant coastal town in Brunswick County, known for its seafood and charming small-town atmosphere. The area's population growth and reputation as a vacation destination attract both residents and tourists, increasing demand for retail services. The population in Calabash has exploded in recent years, growing 7.8% annually over the last five years, and this incredible growth is predicted to continue. It is estimated that the population within a 3-mile radius of 8900 Old Georgetown Road will grow by more than 6% annually for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and flourishing community.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
2025
Price
$2,411,400
Price Per SF
$241.14
Cap Rate
7%
NOI
$168,798
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
1.50 AC
Zoning
HC - Highway Commercial
Frontage
131’ on North Carolina 179
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Retailer
- -
- $16.88
- Double Net
- Aug 2035
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Retailer | - | $16.88 | Double Net | Aug 2035 |
Somewhat walkable
20/100
Exceptionally drivable
100/100
Property Taxes
| Parcel Number | 2410000102 | Improvements Assessment | $0 |
| Land Assessment | $723,750 | Total Assessment | $723,750 |
Property Taxes
Parcel Number
2410000102
Land Assessment
$723,750
Improvements Assessment
$0
Total Assessment
$723,750
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Dollar Tree | 8900 Old Georgetown Rd
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