1101 3rd Ave S
Myrtle Beach, SC 29577
Retail Property For Sale

Subject is comprised of two components. No showing operating C-styore because the .6 acre property is occupied by the Scotchman on a NNN basis until July 31, 2023. One five(5) year option was exercised that extends the lease to July 31, 2023. Rent has increased to $3300 per month NNN effective August 1, 2018 for .6 acres. Adjacent 1.1 acre lot has a Vacant building(shell) with some previous issues. However, market rent from this property is likely to be $2000 to $2500 per month gross because of its proximity to downtown Myrtle Beach. HC-3 allows for manu uses. #rd avenue was recently upgraded since it is a major business/industrial corridor to the city and its many hotels and restaurants. This portion of the land( fenced in area) can be leased separately from the existing NNN Scotchsman lease on the .6 acre.