Closed Dollar General Store9491 Highway 707, Myrtle Beach, SC 29588
Sales Summary
Sales Price: Call for more details
Investment Highlights
• Dollar General renewed early creating a new10 YRS remaining of lease term
• Two (2) rent increases of 5% and 4.75% during the extended term
• NN Lease with Corporate Guaranty by Dolgencorp, LLC
• Dollar General has over 13,000 locations in 43 states
• S&P BBB Investment Grade Credit
• Dense, high growth area of Myrtle Beach
• HWY 707 Traffic Count: 22,100 VPD (2016 count, just north of site)
• Holmestown Road Traffic Count: 11,200 VPD (around corner from store)
Property Summary
Property Type: Investment
Property Highlights
This store is located on the east side of the heavily traveled HWY 707 near the corner of Holmestown Road. It is located approximately 3 miles inland from Surfside Beach and two doors down from McDonalds. There is a new Dunkin Donuts next door to the Dollar General store that opened in 2017. The area continues to experience high growth from all directions year over year. In addition, SCDOT is adding two additional lanes to HWY 707.