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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
Building Class
B
Year Built
2026
Construction Status
Under Construction
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
Amenities
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
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 | - |
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 31404010001 | Improvements Assessment | $0 |
| Land Assessment | $1,442,707 | Total Assessment | $1,442,707 |
Property Taxes
Parcel Number
31404010001
Land Assessment
$1,442,707
Improvements Assessment
$0
Total Assessment
$1,442,707
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Del Taco | 2525 Hwy 9 E
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