1587 Dividend Loop - Light Distribution FOR SALE


Myrtle Beach, SC 29577
$2,675,000 USD
843-626-3400
1587 Dividend Loop, Myrtle Beach, SC for Sale
$2,675,000 USD
Light Distribution - FOR SALE
1/4
null | Request Cap Rate

1587 Dividend Loop
Myrtle Beach, SC 29577


HIGHLIGHTS

  • $175,468 (3% Annual Increases)

OVERVIEW

OFFERED FOR SALE: This Johnson Controls Office/Warehouse facility is located in the North Industrial Park of Myrtle Beach, SC. Johnson Controls Inc., a BBB+ Investment Grade Corporate Tenant with over 2,000 locations worldwide, has leased this property since it was built in 2009. The property includes 12,920 square feet of office and warehouse space on 1.35 acres. It is conveniently located 1 mile from Myrtle Beach International Airport, 2 miles from the Atlantic Ocean resorts and tourist destinations, and less than 1 mile from Coastal Grand Mall. The site is ideal for warehouse and industrial users seeking easy access to key locations. The North Industrial Park is home to a number of national and regional businesses, including Trane, Orkin, Coastal Fasteners, Daltile, Gateway Supply, Duncan-Parnell, and Piedmont Service Group. Myrtle Beach is ranked as the 5th fastest-growing metro area in the U.S. according to the 2020 Census, making this a prime location for investment. Current Base Rent: $175,468 (3% Annual Increases)

FOR SALE DETAILS

PRICE

$2,675,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Johnson Controls Myrtle Beach

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

ADD'L SUBTYPES

Warehouse, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2009

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.35

LAND SF

58,806

ZONING

LM

APN/PARCEL ID

44204040016

ASK ABOUT THIS PROPERTY

Ryan EarnestKeystone Commercial RealtyMore Info
843-626-3400

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Ryan EarnestKeystone Commercial RealtyMore Info
843-626-3400

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