Harrison Capital Advisors
Listed by Harrison Capital Advisors
$2,601,231
Dollar General Store Conway_Myrtle Beach, SC
Details
Property Type Retail
Sub Type Convenience Store
Square Footage 10,640
Cap Rate 6.50%
Tenancy Single
Lease Type NNN
Lease Term 15
Lease Expiration 10/31/2040
Remaining Term 14.4
Rent Bumps Yes
Lease Options Five (5), five (5) year options with 5% increases
Year Built 2025
Acreage 3.630
Zoning Commercial
Parking Spaces 36 spaces
Parking Per SqFt 3.38
Investment Type Net Lease
Tenant Credit Credit Rated
Lease Commencement 11/01/2025
Ground Lease No
Sale Condition 1031 exchange
NEW DG Myrtle Beach_Conway, SC | 6.50% CAP | NNN
Marketing description
This Dollar General store is located on Highway SC-90 which is a main throughfare in Conway. It is close to Myrtle Beach and Hwy 501, the main artery between Conway and Myrtle. This store sits in the immediate vicinity of high growth with new retail, residential, and golf courses all around. Coastal Carolina University is within close proximity of this location.
Investment highlights
- New Dollar General Store
- Explosive Growth w/ New Residential Subdivisions
- 15 YR NNN Lease w/ Corporate Guaranty by Dolgencorp, LLC
- Horry County ranked 44th fastest growth county in the US
- 10,500 VPD on Highway SC-90
- Near Coastal Carolina University w/ 12,000+ Students
- Dollar General has over 20,893 Stores in 48 States; 34 Distribution Centers
- S&P BBB Investment Grade Credit $42.7 Billion in Sales in Fiscal 2025
- Perfect 1031 Exchange Property
- DG Ranked #111 on Fortune 500 List
Listing Contacts
Harrison Capital Advisors
Listed by Harrison Capital Advisors
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