Dollar General Store

This brand new Dollar General store is situated at 1376 Red Bluff Road in Loris, South Carolina, within one of the fastest growing counties in the state. The property features a new 15 year NNN lease with corporate guaranty, zero landlord responsibilities, and 5% rent increases every five years, offering investors a truly passive income stream in the growing Myrtle Beach MSA.

Construction

2025 construction; metal over steel framed building with masonry trim

Investment Highlights

Brand new 2025 construction Dollar General with upgraded front entry store design and modern building specifications.
Fifteen year NNN lease with corporate guaranty from Dolgencorp LLC providing investors with a fully passive income stream.
5% rent increases every five years throughout the primary term providing consistent NOI growth over the hold period.
Five five-year renewal options with 5% increases at each option period extending the potential lease term through 2065.
Absolute NNN lease with zero landlord responsibilities. Taxes reimbursed upon paid tax receipt.
5,600 vehicles per day on Red Bluff Road providing consistent daily customer traffic to the subject property.
10,566 square feet of retail space on 2 acres with 36 parking spaces.
Located 18 miles from Conway and 23 miles from North Myrtle Beach within the active Myrtle Beach MSA trade area.
Situated in Horry County, one of South Carolina's fastest growing counties with accelerating population growth across all radius rings.
Dollar General Corporation carries an S&P BBB investment grade credit rating with $42.7 billion in sales in fiscal 2025.
Dollar General is ranked number 111 on the Fortune 500 list with over 20,893 retail stores across 48 states.
Offered at $2,486,031 at a 6.5% cap rate providing strong current returns with built-in rent growth throughout the lease term.
Ideal passive income replacement property for buyers completing a 1031 exchange seeking long term NNN investment security.

Sales Summary

$2,486,031

Purchase Price

6.5%

Cap Rate

$161,592

NOI

NNN

Lease Type

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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

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