Dollar General Plus Store

This new Dollar General “Plus” store is positioned at the corner of SC Highway 9 and SC Highway 410 in the Finklea community of Loris, South Carolina, approximately 19 miles from Conway and 24 miles from Myrtle Beach. Built in 2024 with upgraded corner-entry construction, the property is secured by a 15-year absolute NNN lease guaranteed by Dolgencorp, LLC with 5% rent increases every five years. Located in Horry County, one of South Carolina’s fastest growing counties, this is a turnkey passive investment with zero landlord responsibilities.

Construction

2024 construction; steel frame building with metal and split-faced block; metal roof

Investment Highlights

Brand new Dollar General "Plus" prototype store featuring upgraded construction with a corner-entry design, steel frame building with metal and split-faced block exterior, and metal roof. Constructed in 2024.
Absolute NNN lease with zero landlord responsibilities. Guaranteed by Dolgencorp, LLC with full Dollar General corporate guaranty. Lease commenced December 1, 2024 and runs through November 30, 2039.
Built-in rent escalations of 5% every five years throughout the primary term, with five (5) five-year renewal options each carrying the same 5% increases.
Located in Horry County, which continues to rank among the fastest growing counties in South Carolina, driven by the rapid expansion of the Myrtle Beach metropolitan area.
Positioned 19 miles from Conway and 24 miles from Myrtle Beach, placing the store within the regional growth corridor of the Grand Strand.
Situated at the signalized corner of SC Hwy 9 and SC Hwy 410 with two access points and 2,400 vehicles per day on SC Hwy 9.
Dollar General operates over 20,000 stores across 48 states supported by 31 distribution centers, making it one of the most widely distributed retailers in the United States.
Dollar General carries an S&P BBB investment grade credit rating with $38.7 billion in sales in fiscal 2023, offering investors a stable, credit-backed income stream.
New construction, long-term NNN lease, and corporate guaranty make this an ideal replacement property for 1031 exchange buyers seeking passive, management-free income.
Dollar General is ranked #108 on the Fortune 500 list, underscoring the financial strength and operational scale of the tenant behind this lease.

Sales Summary

$2,219,548

Purchase Price

6.65%

Cap Rate

$147,600

NOI

NNN

Lease Type

Get the Full Investment Package

Fill out the form to request the full Offering Memorandum for this property.

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

Explore Other Listings

Browse our current inventory of commercial investment properties across South Carolina and surrounding states. Our team is available to answer questions and provide additional information on any listing in our portfolio.