8900 Old Georgetown Rd - Convenience Store FOR SALE


Sunset Beach, NC 28468
$2,411,400 USD
947-210-4418
8900 Old Georgetown Rd, Sunset Beach, NC for Sale
$2,411,400 USD
Convenience Store - FOR SALE
1/2
null | 7% Cap Rate

8900 Old Georgetown Rd
Sunset Beach, NC 28468


HIGHLIGHTS

  • Benefit from a 6.4% Annual Population Growth (2024-2029).
  • Brand-new construction, 10,000-square-foot retail property 100% occupied by Dollar Tree with rent commencing in July 2025.
  • Prime intersection in the Calabash area of North Carolina, boasting high visibility, easy accessibility and proximity to the SC border & Myrtle Beach.
  • Rapidly growing area surrounded by several new multifamily developments and a population of 39,000 people within a 5-mile radius.

OVERVIEW

Take advantage of an exceptional, turnkey investment opportunity prominently positioned in a booming Calabash, North Carolina, locale at 8900 Old Georgetown Road. This brand-new 10,000-square-foot freestanding building comprises a versatile layout and solid construction, presenting a lucrative foundation for a variety of businesses. Dollar Tree fully occupies the property, and a long-term lease will commence in July. 8900 Old Georgetown Road offers a compelling opportunity for retail investors, benefiting from 100% occupancy from a national retailer, economic area growth, and a strategic location. This highly visible site sits in a prime, well-trafficked corridor with exposure to over 10,670 daily drivers. Situated near the North Carolina-South Carolina border and close to Myrtle Beach, the property benefits from cross-border commerce and a broad customer base. Calabash, North Carolina, is a vibrant coastal town in Brunswick County, known for its seafood and charming small-town atmosphere. The area's population growth and reputation as a vacation destination attract both residents and tourists, increasing demand for retail services. The population in Calabash has exploded in recent years, growing 7.8% annually over the last five years, and this incredible growth is predicted to continue. It is estimated that the population within a 3-mile radius of 8900 Old Georgetown Road will grow by more than 6% annually for the next five years, all contributing to the area's strong labor pool, thriving consumer base, and flourishing community.

FOR SALE DETAILS

PRICE

$2,411,400 USD

PRICE/SF

$241 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

HC

APN/PARCEL ID

2410000102

ASK ABOUT THIS PROPERTY

Robert BenderFortis Net LeaseMore Info
947-210-4418

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Robert BenderFortis Net LeaseMore Info
947-210-4418

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