This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

915 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

New Construction DG 5% Increases Latta, SC 2021 Highway 917 W

10,640 SF Retail Building Latta, SC 29565 $1,735,288 ($163/SF) 6.75% Cap Rate

Retail Buildings South Carolina Latta 2021 Highway 917 W, Latta, SC 29565

Investment Highlights

  • Excellent Visibility and Access
  • Right Off I-95

Executive Summary

5% rent increase every five (5) years
Located on Hwy 38 with 10,400 VPD
Conveniently located to collect commuter traffic to Latta and Myrtle Beach - U.S. News and World Report named Myrtle Beach, S.C. the fastest growing place in America for the third year in a row and is one hour east of Latta
Located 1 mile off Interstate 95
Excellent investment for a passive investor
Brand New Construction
New LED Lighting Interior & Exterior
NNN – Zero Landlord Responsibilities
15-Year initial term NNN lease
Five (5) year options
Opened January 2024

Attachments

Dollar General Latta, SC Sept 2024

Property Facts

Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,640 SF
Year Built
2024
Price
$1,735,288
Price Per SF
$163
Cap Rate
6.75%
NOI
$117,132
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Parking
35 Spaces (3.29 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Dollar General
  • Retailer
  • 10,640 SF
  • -
  • Triple Net
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Dollar General Retailer 10,640 SF - Triple Net -
1 of 1
2021 Highway 917 W, Latta, SC - aerial map view
(843) 437-7310

Contact

  • Listing ID: 31141559

  • Date on Market: 10/10/2023

  • Last Updated:

  • Address: 2021 Highway 917 W, Latta, SC 29565

1 of 3
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/3
2021 Highway 917 W, Latta, SC for sale Building Photo- Image 1 of 3
Representation
2021 Highway 917 W, Latta, SC for sale Aerial- Image 2 of 3
Market Aerial

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

New Construction DG 5% Increases Latta, SC | 2021 Highway 917 W
(843) 437-7310 x

New Construction DG 5% Increases Latta, SC | 2021 Highway 917 W

Catherine Vaughn

(843) 437-7310

(843) 437-7310

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link