2021 Sc-917Latta, SC 29565

Property Details for 2021 Sc-917

Year built

2024

Property size (Sq ft)

10,640 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Exceptional investment opportunity: a newly constructed 10,640 square foot Dollar General in Latta, South Carolina, boasting a 15-year initial lease with a 6.75% cap rate and a corporate guarantee. The property generates a substantial net operating income of $117,132, with built-in rent increases of 5% every five years. Located on a high-traffic commuter route (Hwy 38/917) with 10,400 vehicles per day, this property offers excellent visibility and strong potential for long-term growth. The lease commenced December 7, 2023, and includes five five-year renewal options, minimizing landlord responsibilities. The building was constructed in 2024 and is currently 100% occupied. This is a prime NNN retail investment, strategically positioned near Interstate 95 (1.3 miles), benefiting from the high traffic volume of over 40,000 vehicles daily. The property's location also capitalizes on commuter traffic to Myrtle Beach, SC, a rapidly growing area. The asking price is $1,735,289, representing a price per square foot of $163.09. This is a turnkey investment opportunity with significant upside potential. The lease expires December 31, 2038.

Location Insight

City

Latta

County

Dillon

State

South Carolina

Latitude

34.3361

Longitude

-79.5151

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].