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1479 Us-17 Hwy N 3,318 SF 100% Leased Retail Building Little River, SC 29566 $1,399,000 ($421.64/SF) 5.53% Cap Rate
EXECUTIVE SUMMARY
GREAT OPPORTUNITY TO PURCHASE THIS OVER AN ACRE COMMERCIAL PROPERTY ON A CORNER IN LITTLE RIVER ON
HWY. 17 WITH OVER A 60,000 CARS PER DAY. THIS PROPERTY HAS 225 FEET OF FRONTAGE ALLOWING FOR NATIONAL
TENANT! THE GREAT THING ABOUT THIS PROPERTY AS WHILE YOU WAIT TO BULL DOZE THE PROPERTY AND SELL TO A
NATIONAL , THIS PROPERTY HAS CASH FLOW ON IT THAT YOU CAN GET INCOME EVERY MONTH TO HELP OR EVEN MAKE
YOUR PAYMENT DEPENDING ON YOUR DOWN PAYMENT. PROPERTY HAS A CLEANING COMPANY AS THE LEAD TENANT
(ROYAL MAIDS) AND THEN BEHIND THEM IS A 10 UNIT APARTMENT BUILDING, ALL WITH GOOD CASH FLOW! LITTLE RIVER
IS GROWING IN LEAPS AND BOUNDS AND THERE IS ONLY SO MUCH HWY 17 FRONTAGE AVAILABLE. LITTLE RIVER IS ONLY
5 MINUTES FROM THE ATLANTIC BLUE AND NORTH MYRTLE BEACH, 5 MINUTES TO CALABASH NC FRESH SEAFOOD AND
ANOTHER 15 MINUTES TO SCENIC SUNSET BEACH NC. LITTLE RIVER IS A PRIME LOCATION WITH LONG SUMMERS AND
SHORT WINTERS AND IS RARELY BELOW 25 DEGREES OR ABOVE 92 THE PERFECT CLIMATE FOR YOUR EMPLOYEES AND
BUSINESS TO THRIVE. IF YOU WANT THIS PROPERTY TO START WORKING & EARNING FOR YOU CALL TODAY!!!
HWY. 17 WITH OVER A 60,000 CARS PER DAY. THIS PROPERTY HAS 225 FEET OF FRONTAGE ALLOWING FOR NATIONAL
TENANT! THE GREAT THING ABOUT THIS PROPERTY AS WHILE YOU WAIT TO BULL DOZE THE PROPERTY AND SELL TO A
NATIONAL , THIS PROPERTY HAS CASH FLOW ON IT THAT YOU CAN GET INCOME EVERY MONTH TO HELP OR EVEN MAKE
YOUR PAYMENT DEPENDING ON YOUR DOWN PAYMENT. PROPERTY HAS A CLEANING COMPANY AS THE LEAD TENANT
(ROYAL MAIDS) AND THEN BEHIND THEM IS A 10 UNIT APARTMENT BUILDING, ALL WITH GOOD CASH FLOW! LITTLE RIVER
IS GROWING IN LEAPS AND BOUNDS AND THERE IS ONLY SO MUCH HWY 17 FRONTAGE AVAILABLE. LITTLE RIVER IS ONLY
5 MINUTES FROM THE ATLANTIC BLUE AND NORTH MYRTLE BEACH, 5 MINUTES TO CALABASH NC FRESH SEAFOOD AND
ANOTHER 15 MINUTES TO SCENIC SUNSET BEACH NC. LITTLE RIVER IS A PRIME LOCATION WITH LONG SUMMERS AND
SHORT WINTERS AND IS RARELY BELOW 25 DEGREES OR ABOVE 92 THE PERFECT CLIMATE FOR YOUR EMPLOYEES AND
BUSINESS TO THRIVE. IF YOU WANT THIS PROPERTY TO START WORKING & EARNING FOR YOU CALL TODAY!!!
PROPERTY FACTS Under Contract
Sale Type
Investment
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,318 SF
Building Class
C
Year Built
1971
Price
$1,399,000
Price Per SF
$421.64
Cap Rate
5.53%
NOI
$77,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
1.23 AC
Zoning
Highway Commercial - HIGHWAY COMMERCIAL
Parking
20 Spaces (6.03 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Baldwin Signs & Awnings
- -
- -
- -
- -
- Vices Liquor & Smoke Shop
- -
- 3,317 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Baldwin Signs & Awnings | - | - | - | - | ||
| Vices Liquor & Smoke Shop | - | 3,317 SF | - | - |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $14,491 | |
| Land Assessment | $68,733 | Total Assessment | $83,224 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$68,733
Improvements Assessment
$14,491
Total Assessment
$83,224
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1479 Us-17 Hwy N
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