Log In/Sign Up
Your email has been sent.
Freddy's 2526 Hwy 9 E 2,610 SF Retail Building Little River, SC 29566 $4,095,000 ($1,568.97/SF) 5.25% Cap Rate
Investment Highlights
- NEW RESIDENTIAL COMMUNITIES
- HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- ATTRACTIVE LEASE FUNDAMENTALS
Executive Summary
ATTRACTIVE LEASE FUNDAMENTALS
- New 20 year Abs. NNN
- 2% Annual Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Freddy’s currently has over 550 locations across 36 states
- The company goal is to reach 800 restaurants by 2026 with 130 locations in development for the next two years
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 Freddy’s 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 Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Freddy’s currently has over 550 locations across 36 states
- The company goal is to reach 800 restaurants by 2026 with 130 locations in development for the next two years
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 Freddy’s 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
2,610 SF
Building Class
B
Year Built
2025
Price
$4,095,000
Price Per SF
$1,568.97
Cap Rate
5.25%
NOI
$215,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.62 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Freddy's
- Retailer
- 2,610 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Freddy's | Retailer | 2,610 SF | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 31404010001 | Improvements Assessment | $0 |
| Land Assessment | $86,562 | Total Assessment | $86,562 |
Property Taxes
Parcel Number
31404010001
Land Assessment
$86,562
Improvements Assessment
$0
Total Assessment
$86,562
1 of 4
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Freddy's | 2526 Hwy 9 E
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.