1376 Red Bluff Rd - Freestanding FOR SALE


Loris, SC 29569
$2,486,031 USD
803-331-8088
1376 Red Bluff Rd, Loris, SC for Sale
$2,486,031 USD
Freestanding - FOR SALE
1/8
null | 6.5% Cap Rate

1376 Red Bluff Rd
Loris, SC 29569


HIGHLIGHTS

  • Brand new 2025 construction backed by a long-term, 15-year NNN lease with corporate guarantee.
  • Guaranteed rent escalations of 5% every five years during the initial term and options.
  • Located in Horry County, one of South Carolina’s fastest growing regions, near Myrtle Beach tourism economy.
  • Positioned 23 miles from North Myrtle Beach and 18 miles from Conway, serving a growing trade area.

OVERVIEW

This newly constructed Dollar General presents a stable, income-producing net lease investment located in one of South Carolina’s fastest-growing counties. The property benefits from a 15-year absolute NNN lease with corporate guaranty by Dolgencorp, LLC, providing investors with a predictable and hands-off income stream. Scheduled rent increases of 5% every five years further enhance long-term value and hedge against inflation. The building features metal-over-steel construction with masonry trim, ensuring durability and low maintenance, which reduces operational risk for the ownership. Situated along Red Bluff Road, the store sees traffic of approximately 5,600 vehicles per day and serves a growing residential and rural trade area. Loris’ strategic location—23 miles from North Myrtle Beach and 18 miles from Conway—allows for diverse customer draw, while Myrtle Beach’s influence provides additional economic stability. Dollar General, ranked #108 on the Fortune 500 list and boasting investment-grade credit, operates over 20,000 stores nationwide. Its strong credit profile and status as a recession-resistant tenant provide investors with security and long-term growth potential. This property qualifies as an ideal 1031 exchange option and offers a balance of secure cash flow and real asset appreciation in a high-growth region of Horry County.

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 TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

GC

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

James Harrison CCIMHarrison Capital AdvisorsMore Info
803-331-8088

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James Harrison CCIMHarrison Capital AdvisorsMore Info
803-331-8088

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