Dollar General | Near Myrtle Beach

Investment Highlights

COASTAL NC LOCATION IN BETWEEN MYRTLE BEACH & WILMINGTON

• This Dollar General is located in Tabor City, NC, approximately 36 miles north of Myrtle beach and 54 miles west of Wilmington.

• Strategically positioned near the North Carolina / South Carolina border with access to the growing Grand Strand coastal region, which attracts over 20 million visitors annually.

• Myrtle Beach MSA population exceeds 430,000 residents and has experienced significant population growth over the past decade driven by migration, tourism, and retiree relocation.

• Wilmington MSA population exceeds 485,000 residents and continues to rank among the faster-growing coastal markets in the Southeast.

• Columbus County serves as a regional hub for surrounding rural communities with limited retail competition in the immediate trade area supporting strong demand for necessity-based retailers.

• Tabor City’s economy is supported by agriculture, manufacturing, retail, and distribution, with major employers including Tabor Correctional Institution, Atlantic Corporation Paper Converters, Columbus County Schools, and Radix Bay.

• The market also benefits from ongoing industrial and economic development through Tabor Industrial Park and broader investment initiatives across Columbus County.

LOWER RENT & PRICE POINT WITH UPGRADED CONSTRUCTION

• The subject property is a 10,640 SF upgraded construction store and a lower rent and price point of $1.4M. 3.59 ACRE CORNER LOT WITH TWO ENTRY POINTS

• The subject property is located on a 3.56 acre corner lot at the intersection of Highway 904 and Highway 905.

• The property has excellent visibility and two entry points for easy accessibility.

10.7 YEARS REMAINING ON CORPORATE NNN LEASE WITH RENT INCREASES IN OPTIONS

• Dollar General signed a new 15 year NNN corporate guaranteed lease in 2022. There is approximately 10.7 years remaining on the lease.

• There are 10% rent increases in each of the five, 5 year options periods.

• Tenant is 100% responsible for all expenses, including taxes, insurance, maintenance, roof, structure, and parking lot.

• This is a true NNN lease with no landlord responsibilities or expenses.

INVESTMENT GRADE TENANT (S&P: BBB) WITH 21,000 LOCATIONS

• Dollar General is a publicly traded (NYSE: DG) Fortune 500 company with an S&P investment grade credit rating of BBB.

• The company currently operates more than 21,000 locations and plans to open approximately 450 new stores in 2026.

• Dollar General has been in business for over 80 years and has a current net worth of approximately $18.16 billion.