1376 Red Bluff Rd - Retail FOR SALE


Loris, SC 29569
$2,486,031 USD
803-331-8088
1376 Red Bluff Rd, Loris, SC for Sale
$2,486,031 USD
Retail - FOR SALE
1/4
null | 6.5% Cap Rate

1376 Red Bluff Rd
Loris, SC 29569


HIGHLIGHTS

  • New Dollar General Store in High Growth Area near N. Myrtle and Loris, SC (SC31)
  • 15 YR NNN Lease w/ Corporate Guaranty
  • Horry County- 44th Fastest Growth County in USA
  • Rent Increases 5% every 5 Yrs in Primary Term
  • S&P BBB Investment Grade Credit $42.7 Billion in Sales in Fiscal 2025
  • Dollar General has over 20,893 Stores in 48 States

OVERVIEW

This new Dollar General store is close to N. Myrtle Beach located in an excellent high growth location on Red Bluff Rd. (Hwy 31)before you get to Loris, SC. This Dollar General is a front entry store with upgraded construction. This store is located roughly 15 minutes from Conway and 20 minutes from North Myrtle Beach and serves the community area in and around Loris and the growth area between N. Myrtle Beach and Loris. This is one of the fastest growth areas in the country. With Horry County ranking the 44th fastest growth county in the US! This is a great investment opportunity for an investor looking for a 1031 exchange or long term investment hold. The area continues to develop and plan for new residential areas with a strong annual growth rate.

FOR SALE DETAILS

PRICE

$2,486,031 USD

PRICE/SF

$235 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar General-N. Myrtle Beach/Loris, SC SC31

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.