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Birdie Houses – Myrtle Beach, SC 20-Year NNN 3427 Dewey Rd 5,004 SF Retail Building Myrtle Beach, SC 29579 $2,500,000 ($499.60/SF) 7% Cap Rate
Investment Highlights
- 20-Year Absolute NNN Sale-Leaseback Brand-new long-term lease commencing at close of escrow with zero landlord responsibilities.
- 2% Annual Contractual Escalations Built-in rent increases throughout the base term and renewal options, providing inflation protection.
- Asset in Myrtle Beach Market Purpose-built asset located in one of the most active and established destination golf markets in the United States.
- Corporate Guarantee – Birdie Houses, Inc. Full corporate guaranty backing lease obligations across platform operations.
- 100% Leased to Single Corporate Tenant Long-term contractual rent under Absolute NNN structure generating $175,000 in annual NOI.
Executive Summary
Birdie Houses – Myrtle Beach is a single-tenant net lease investment secured by a brand-new 20-year Absolute NNN sale-leaseback.
The lease commences at close of escrow and features 2% annual rent escalations throughout the base term and renewal options. The tenant provides a full corporate guarantee and is responsible for all taxes, insurance, and maintenance, resulting in zero landlord responsibilities.
The property is located in Myrtle Beach, one of the most active golf tourism markets in the United States. This offering provides passive, contractual income supported by long-term lease security and built-in rent growth.
The lease commences at close of escrow and features 2% annual rent escalations throughout the base term and renewal options. The tenant provides a full corporate guarantee and is responsible for all taxes, insurance, and maintenance, resulting in zero landlord responsibilities.
The property is located in Myrtle Beach, one of the most active golf tourism markets in the United States. This offering provides passive, contractual income supported by long-term lease security and built-in rent growth.
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Building Size
5,004 SF
Year Built
2025
Price
$2,500,000
Price Per SF
$499.60
Cap Rate
7%
NOI
$175,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.50 AC
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Birdie Houses – Myrtle Beach, SC 20-Year NNN | 3427 Dewey Rd
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