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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/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

Attachments

DG Loris SC OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Supermarket
Building Size
10,452 SF
Year Built
2024
Price
$2,219,548
Price Per SF
$212
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)

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
  • Listing ID: 33994305

  • Date on Market: 11/25/2024

  • Last Updated:

  • Address: 3300 SC-917 Hwy, Loris, SC 29569

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