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11840 SC-707
Murrells Inlet, SC 29576
Heartland Dental · Retail Property For Sale

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Investment Highlights

  • LARGEST DENTAL ORGANIZATION GUARANTY
  • HIGH GROWTH MURRELLS INLET – A TOP VACATION MARKET
  • HIGHLY VISIBLE SITE NEXT TO PRINCE CREEK VILLAGE CENTER

Executive Summary

STRONG LEASE FUNDAMENTALS
- NN Lease Provides Minimal Landlord Responsibilities
- Corporate Guaranty by Heartland Dental
- 10% Rental Increases every 5 years, including option periods
LARGEST DENTAL ORGANIZATION GUARANTY
- Heartland Dental is the largest dental support organization in the United States
- Over 1,800 Locations
- 2023 Total Revenue was $3B
HIGHLY VISIBLE SITE NEXT TO PRINCE CREEK VILLAGE CENTER
- Cross access to a lighted intersection off of Hwy 707 (24.7K VPD)
- Over 1.8MSF of retail space located in a 2 mile radius
- Nearby National tenants include: Home Depot (#1 in the state), Walmart, & Publix
- Cross access to Prince Creek Village, a Publix Anchored Center, and Magnolia Bridge at Murrells Inlet, a 107 unit senior living complex
- Over 2.8K homes are located in a 1-mile radius
HIGH GROWTH MURRELLS INLET – A TOP VACATION MARKET
- Murrells Inlet population increased by more than 6.21% in 2021-2022, while median HHI increased 4.47% in same time span (DataUSA)
- Over 17.6M people visited Murrells Inlet in 2023, accounting for over $12.5B in economic impact by direct visitor spending, a 4.7% increase from 2022
MYRTLE BEACH MSA
- Over 36K people live in a 3-mile radius, which has grown at an annual rate of 3.3% over the last 5 years (According to
- Myrtle Beach has been named the fastest grown City in the US for a 3rd straight year (U.S. News & World Report 2023)
- 42% increases from 2010
LOCATED IN HEALTHY RETAIL TRADE AREA
- Over 138K SF of absorpotion in last 12 months with a 0.6% vacancy rate

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
4,200 SF
Year Built
2026
Price
$3,271,000
Price Per SF
$778.81
Cap Rate
5.65%
NOI
$184,800
Percent Leased
100%
Building Height
1 Story
Building FAR
0.11
Lot Size
0.91 AC
  • Listing ID: 39143046

  • Date on Market: 1/20/2026

  • Last Updated:

  • Address: 11840 SC-707, Murrells Inlet, SC 29576

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