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Del Taco 2525 Hwy 9 E 1,152 SF Retail Building Little River, SC 29566 $3,714,000 ($3,223.96/SF) 5.25% Cap Rate
INVESTMENT HIGHLIGHTS
- ATTRACTIVE LEASE FUNDAMENTALS
- NEW RESIDENTIAL COMMUNITES
- HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
EXECUTIVE SUMMARY
ATTRACTIVE LEASE FUNDAMENTALS
- New 20 year Abs. NNN
- 2% Annual Rental Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Del Taco has over 600+ locations in 17 states
- Del Taco is the second largest brand in the Mexican Quickservice restaurant (QSR) category
HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- Site is fronting major commuter highway to the Myrtle Beach coast
- Over 30K cars travel the highway per day
- Over 266K SF of retail is located in a 1-mile radius, boasting a 0% vacancy rate
NEW STATE OF THE ART BUILDING
- Building is being built to suit Del Taco’s newest concept
- Warranties will be assigned to new owner
NEW RESIDENTIAL COMMUNITES
- Across the street from the site is the new residential development Beazer Homes at Sunset Landing
- With 194 homes recently built in this community starting at $300,000
- Under a half mile from the site is another new residential development, Bridgewater Community
- This community has over 1,500 houses which are spread across 950 acres with a resort style
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
- New 20 year Abs. NNN
- 2% Annual Rental Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Del Taco has over 600+ locations in 17 states
- Del Taco is the second largest brand in the Mexican Quickservice restaurant (QSR) category
HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- Site is fronting major commuter highway to the Myrtle Beach coast
- Over 30K cars travel the highway per day
- Over 266K SF of retail is located in a 1-mile radius, boasting a 0% vacancy rate
NEW STATE OF THE ART BUILDING
- Building is being built to suit Del Taco’s newest concept
- Warranties will be assigned to new owner
NEW RESIDENTIAL COMMUNITES
- Across the street from the site is the new residential development Beazer Homes at Sunset Landing
- With 194 homes recently built in this community starting at $300,000
- Under a half mile from the site is another new residential development, Bridgewater Community
- This community has over 1,500 houses which are spread across 950 acres with a resort style
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
1,152 SF
Year Built
2025
Price
$3,714,000
Price Per SF
$3,223.96
Cap Rate
5.25%
NOI
$195,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.67 AC
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Del Taco
- Retailer
- 1,152 SF
- -
- Triple Net
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Del Taco | Retailer | 1,152 SF | - | Triple Net | - |
NEARBY MAJOR RETAILERS
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Del Taco | 2525 Hwy 9 E
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