Dollar General for Sale in Loris, SC
Loris, SC
Key Investment Metrics
Price
$2,219,548
Cap Rate
6.7%
Net Operating Income
$147,600
Building Size
10452 SF
Land Area
2.24 Acres
Remaining Term
13.4 years
Lease Expiration
11/30/2039
Lease Term
15 years
Lease Commencement
12/01/2024
Lease Type
NNN
Tenant Credit
Credit Rated, Corporate Guarantee
Year Built
2024
Tenancy
Single
Rent Increases
5% rent increase every 5 years in primary term
Property overview
Dollar General in Loris
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 10,452 SF
- Land area
- 2.24 acres
- Year built
- 2024
- Lease type
- NNN
- Lease expiration
- 11/30/2039
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.