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Dollar General #3052

2069 Highway 544

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Conway (Myrtle Beach), SC 29526

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Dollar General #3052

2069 Highway 544

Conway (Myrtle Beach), SC 29526

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Contact Broker

Square
Peter Couchell, CCIM Shareholder & Broker/Senior VP - Furman Capital

couchell@furmancap.com
(O) 864.232.9040
(F) 864.235.4300

 
Square
Rob Schmidt Broker

rschmidt@furmancap.com
(C) 864.283.4530
(O) 864.678.5995
(F) 864.235.4300

 


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For Sale Single Tenant Net Lease Investment

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For Sale
Price:
$1,575,000
Building Size:
10,640 SF
Property Type:
Retail
Lot Size:
2.15 Acres
Year Built:
2012
Download Property Flyer OM - 2069 Hwy 544, Conway, ...
 


Highlights

  • ±10,640 SF freestanding Dollar General
  • Upgraded construction (HardiPlank)
  • Located on Highway 544, a major four-lane highway offering direct access into Myrtle Beach
  • Traffic Count: ±25,900 vpd
  • Built in 2012
  • ±10 years term remains
  • Five/5-year options to renew
  • 10% rent escalation in each option period
  • Absolute net lease
  • Sale Price: $1,575,000
  • NOI: $110,214
  • 7.00% Cap Rate

Description

For Sale Single Tenant Net Lease Investment

The property is located in a predominantly residential area and sees around ±25,900 vpd on Highway 544 which is a major four-lane highway. Highway 544 is a frequently traversed highway which offers direct access into the Myrtle Beach area, which has an estimated 14 million visitors each year.