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Dollar General-N. Myrtle Beach/Loris, SC SC31 1376 Red Bluff Rd 10,566 SF Retail Building Loris, SC 29569 $3,417,870 CAD ($323.48 CAD/SF) 6.50% Cap Rate
Investment Highlights
- New Dollar General Store in High Growth Area near N. Myrtle and Loris, SC (SC31)
- Horry County- 44th Fastest Growth County in USA
- S&P BBB Investment Grade Credit $42.7 Billion in Sales in Fiscal 2025
- 15 YR NNN Lease w/ Corporate Guaranty
- Rent Increases 5% every 5 Yrs in Primary Term
- Dollar General has over 20,893 Stores in 48 States
Executive Summary
This new Dollar General store is close to N. Myrtle Beach located in an excellent high growth location on Red Bluff Rd. (Hwy 31)before you get to Loris, SC.
This Dollar General is a front entry store with upgraded construction. This store is located roughly 15 minutes from Conway and 20 minutes from North Myrtle Beach and serves the community area in and around Loris and the growth area between N. Myrtle Beach and Loris. This is one of the fastest growth areas in the country. With Horry County ranking the 44th fastest growth county in the US! This is a great investment opportunity for an investor looking for a 1031 exchange or long term investment hold.
The area continues to develop and plan for new residential areas with a strong annual growth rate.
This Dollar General is a front entry store with upgraded construction. This store is located roughly 15 minutes from Conway and 20 minutes from North Myrtle Beach and serves the community area in and around Loris and the growth area between N. Myrtle Beach and Loris. This is one of the fastest growth areas in the country. With Horry County ranking the 44th fastest growth county in the US! This is a great investment opportunity for an investor looking for a 1031 exchange or long term investment hold.
The area continues to develop and plan for new residential areas with a strong annual growth rate.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
10,566 SF
Year Built
2025
Price
$3,417,870 CAD
Price Per SF
$323.48 CAD
Cap Rate
6.50%
NOI
$222,162 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
2.00 AC
Zoning
Commercial
Parking
36 Spaces (3.41 Spaces per 1,000 SF Leased)
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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Dollar General-N. Myrtle Beach/Loris, SC SC31 | 1376 Red Bluff Rd
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