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Dollar Tree 8900 Old Georgetown Rd 10,000 SF Retail Building Sunset Beach, NC 28468 $3,351,822 CAD ($335.18 CAD/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
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
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
- -
- $23.46 CAD
- Double Net
- Aug 2035
Dollar Tree is a U.S.-based discount variety retailer headquartered in Chesapeake, Virginia. The company traces its origins to 1953, with its modern Dollar Tree format established in 1986 under the name Only $1.00. It adopted the Dollar Tree name in 1991 and has since expanded across the United States and Canada. Dollar Tree operates retail stores that sell a broad assortment of consumable goods, household products, seasonal merchandise, party supplies, and basic grocery items at fixed or limited price points. The company became publicly traded in 1995 and is listed on the NASDAQ under the ticker symbol DLTR. Over time, Dollar Tree has pursued growth through store expansion and strategic acquisitions, establishing itself as a major value-oriented retailer within the consumer defensive sector. The company reports financial results through public filings and maintains centralized oversight of real estate strategy, store development, and lease administration through its corporate offices.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | - | $23.46 CAD | Double Net | Aug 2035 |
PROPERTY TAXES
| Parcel Number | 2410000102 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,003,436 CAD | Total Assessment | $1,003,436 CAD |
PROPERTY TAXES
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Dollar Tree | 8900 Old Georgetown Rd
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