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Executive Summary

COASTAL NC LOCATION IN BETWEEN MYRTLE BEACH & WILMINGTON
• This Dollar General is located in Tabor City, NC, approximately 36 miles north of Myrtle beach and 54 miles west of Wilmington.
• Strategically positioned near the North Carolina / South Carolina border with access to the growing Grand Strand coastal region, which attracts over 20 million visitors annually.
• Myrtle Beach MSA population exceeds 430,000 residents and has experienced significant population growth over the past decade driven by migration, tourism, and retiree relocation.
• Wilmington MSA population exceeds 485,000 residents and continues to rank among the faster-growing coastal markets in the Southeast.
• Columbus County serves as a regional hub for surrounding rural communities with limited retail competition in the immediate trade area supporting strong demand for necessity-based retailers.
• Tabor City’s economy is supported by agriculture, manufacturing, retail, and distribution, with major employers including Tabor Correctional Institution, Atlantic Corporation Paper Converters, Columbus County Schools, and Radix Bay.
• The market also benefits from ongoing industrial and economic development through Tabor Industrial Park and broader investment initiatives across Columbus County.
LOWER RENT & PRICE POINT WITH UPGRADED CONSTRUCTION
• The subject property is a 10,640 SF upgraded construction store and a lower rent and price point of $1.4M. 3.59 ACRE CORNER LOT WITH TWO ENTRY POINTS
• The subject property is located on a 3.56 acre corner lot at the intersection of Highway 904 and Highway 905.
• The property has excellent visibility and two entry points for easy accessibility.
10.7 YEARS REMAINING ON CORPORATE NNN LEASE WITH RENT INCREASES IN OPTIONS
• Dollar General signed a new 15 year NNN corporate guaranteed lease in 2022. There is approximately 10.7 years remaining on the lease.
• There are 10% rent increases in each of the five, 5 year options periods.
• Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot.
• This is a true NNN lease with no landlord responsibilities or expenses.
INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS
• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.
• The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.
• Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Convenience Store
Building Size
10,640 SF
Year Built
2022
Price
$1,934,620 CAD
Price Per SF
$181.83 CAD
Cap Rate
6.80%
NOI
$131,543 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.59 AC
Zoning
Commercial
Frontage
488’ on 7 Creeks Highway

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • -
  • -
  • Triple Net
  • -

DG est fière d'être le magasin général de quartier d'America. Nous nous efforçons de rendre les achats faciles et abordables grâce à des magasins pratiques et faciles à acheter partout aux États-Unis. Les magasins DG offrent tous les jours à bas prix des articles, notamment de la nourriture, des collations, des produits de santé et de beauté, des produits de nettoyage, des vêtements de base, des articles ménagers, des articles saisonniers, des produits en papier et bien plus encore des marques et produits les plus fiables des États-Unis, ainsi que des marques privées de haute qualité. Depuis la fondation de l'entreprise en 1939, Dollar General s'est engagé à servir ses clients avec valeur et commodité, en offrant des possibilités de carrière à ses employés ou en servant les communautés qu'ils considèrent comme leur maison par le biais de l'alphabétisation et de l'éducation.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer - - Triple Net -
Not walkable
10/100
Exceptionally drivable
100/100

Property Taxes

Property Taxes

Parcel Number
0013129
Land Assessment
$32,014 CAD
Improvements Assessment
$1,013,399 CAD
Total Assessment
$1,045,412 CAD
  • Listing ID: 40677742

  • Date on Market: 2026-05-27

  • Last Updated:

  • Address: 16015 Swamp Fox Hwy, Tabor City, NC 28463

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