Dollar General — 9491 Highway 707, Myrtle Beach, SC (Lease Renewal)

This Dollar General store at 9491 Highway 707 in Myrtle Beach, South Carolina sold under a lease renewed early to create 10 years remaining on the term, with two scheduled rent increases of 5% and 4.75% built into the extended period.

Construction

Investment Highlights

  • Dollar General store with a newly extended 10-year remaining lease term.
  • Two scheduled rent increases of 5% and 4.75% during the extended term.
  • NN lease with corporate guaranty from Dolgencorp, LLC.
  • 22,100 VPD on Hwy 707 and 11,200 VPD on Holmestown Rd. in Myrtle Beach, SC.

Ready to Discuss Your Next Investment?

Whether you are looking to acquire a NNN property, sell an existing investment asset, complete a 1031 exchange, or discuss a commercial real estate opportunity, Harrison Capital Advisors is ready to assist.

James C. Harrison, III, CCIM

Managing Partner / Head of Real Estate Investment Sales

Coleman Davis

Partner / Senior Investment Real Estate Advisor