11860 Highway 707 - Freestanding FOR SALE
Murrells Inlet, SC 29576 |
$2,928,000 USD
561-789-5504
11860 Highway 707
Murrells Inlet, SC 29576
HIGHLIGHTS
- The tenant is responsible for all Taxes, CAM, and insurance, providing minimal landlord ownership responsibilities.
- The lease calls for rental increases of 10% every five years including the option periods
- Boasting over 22,500 vehicles per day (VPD), the Starbucks enjoys excellent visibility and accessibility, catering to both local residents and tourist
- The site is surrounded with high traffic brick and mortar stores such as Publix, Dunkin Donuts, Bojangles, Zaxby’s, and CVS providing high visibility
FOR SALE DETAILS
PRICE
$2,928,000 USD
PRICE/SF
$1,157 USD /SF
CAP RATE
6.25%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Starbucks
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.94 AC
LAND SF
40,863 SF
ZONING
-
APN/PARCEL ID
46804020010
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561-789-5504
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561-789-5504
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