1275 21st Ave N - Medical FOR SALE


Myrtle Beach, SC 29577
$3,668,000 USD
843-212-9319
1275 21st Ave N, Myrtle Beach, SC for Sale
$3,668,000 USD
Medical - FOR SALE
1/7
null | 7.75% Cap Rate

1275 21st Ave N
Myrtle Beach, SC 29577


HIGHLIGHTS

  • This Opportunity Encompasses an Absolute NNN Lease, Featuring a Tenant With a Longstanding Occupancy of the Property Since 1994
  • The Subject Property is Adjacent to Broadway at the Beach, One of the Most Visited Tourist Attractions in South Carolina
  • The Property Sits on a 1.86 AC Lot Located on 21st Ave N, Which Sees Over 20,000 VPD, and is Within Minutes From the Myrtle Beach
  • The Tenant Has Recently Extended Their Lease Early, Demonstrating Their Strong Commitment to the Site
  • Nearby Tenants Include; Lowe's, T.J. Maxx, Target, Sam's Club, Chick-fil-A, Sonic Drive-In, Bojangles, Wendy's and Topgolf
  • The Tenant Has Recently Invested Over $250,000 in Capital Improvements, Emphasizing Their Commitment to the Site

OVERVIEW

Sands Investment Group is Pleased to Present an Exclusive Opportunity to Acquire a 12,448 SF Carolina Coastal Plastic Surgery Facility. Strategically Located at 1275 21st Avenue North in Myrtle Beach, SC, This Property is Situated Adjacent to Broadway at the Beach. This Investment Offering Features an Absolute Triple Net (NNN) Lease With a Long-Term Tenant Who Has Occupied the Property Since 1994. The Tenant's Longstanding Presence Underscores Their Commitment to the Property, Ensuring a Secure Investment With Zero Landlord Responsibilities.  In Cooperation With Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103

FOR SALE DETAILS

PRICE

$3,668,000 USD

PRICE/SF

$295 USD /SF

CAP RATE

7.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carolina Coastal Plastic Surgery

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Drug Store, Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1994

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.86 AC

LAND SF

81,022 SF

ZONING

GC

APN/PARCEL ID

42505030013

ASK ABOUT THIS PROPERTY

Andrew GilbertSands Investment GroupMore Info
843-212-9319

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Andrew GilbertSands Investment GroupMore Info
843-212-9319

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.