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Highway 17 Retail Strip Center | 100% Occ. 12078 Highway 17 10,800 SF 100% Leased Retail Building Murrells Inlet, SC 29576 $2,240,000 ($207.41/SF) 6.40% Cap Rate
Investment Highlights
- Diverse tenant mix of national and local retailers, as the center features a strong blend of national and local tenancy, including GP Mobile etc.
- Attractive basis below replacement cost, offered at $207.41 PSF, providing downside protection and compelling entry pricing in a supply-constrained.
- High-growth, tourism-driven market, as the property is located within the Myrtle Beach MSA and benefits from sustained population growth.
- Value-add NOI growth opportunity, with significant upside through increasing base rents and converting leases to Triple Net (NNN) Leases.
- Prime location on US Hwy 17 Bypass N, situated along the primary commercial corridor serving Murrells Inlet with strong visibility.
Executive Summary
In Cooperation with Sands Investment Group Charleston, LLC - Lic. #20891 BoR: Chris Sands - Lic. SC #93103
Data Room Click Here to Access
Property Facts
Amenities
- Pylon Sign
- Signage
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Darden Jewelers
- Retailer
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99,999 SF
-
$9.99
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Lorem Ipsum
-
Jan 0000
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- Information
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99,999 SF
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$9.99
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Lorem Ipsum
-
Jan 0000
T-Mobile US is a publicly traded wireless telecommunications provider headquartered in Bellevue, Washington. Established in 1994 as VoiceStream Wireless, the company was later acquired by Deutsche Telekom and rebranded under the T-Mobile name. Its operations focus on nationwide mobile communication services, including wireless voice, data, and broadband offerings. The company has grown through major industry milestones, most notably its merger with Sprint in 2020, which expanded its spectrum assets and subscriber base. T-Mobile operates under a majority ownership by Deutsche Telekom and continues to develop its network capabilities, including sustained investment in 5G infrastructure across the United States.
- Trust Thy Barber
- Services
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99,999 SF
-
$9.99
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Lorem Ipsum
-
Jan 0000
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- Wholesaler
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99,999 SF
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$9.99
-
Lorem Ipsum
-
Jan 0000
West Marine has been the premier retailer of boating, fishing, sailing and paddling gear for years. With hundreds of stores located in many states and Puerto Rico and an eCommerce website reaching domestic, international and professional customers, West Marine is recognized as a leading resource for cruisers, sailors, anglers and paddlesports enthusiasts. Throughout the years, West Marine has continued to rely on outstanding customer service, selection and quality as its anchor and that’s been the secret of its success.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Darden Jewelers | Retailer | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Information | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Trust Thy Barber | Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
|
|
Wholesaler | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 46906020017 | Improvements Assessment | $68,736 |
| Land Assessment | $30,971 | Total Assessment | $99,707 |
Property Taxes
Contacts
-
Claire Brazzel -
Doug Roland -
Clifton McCrory -
Alex Conley -
Chris Sands -
Sands Investment Group
Presented by
Highway 17 Retail Strip Center | 100% Occ. | 12078 Highway 17
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