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4500 Highway 9 E 4,813 SF Retail Building Loris, SC 29569 $9,778,457 ($2,031.68/SF) 5.15% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Corporate 7-Eleven
  • 15-Year NNN Lease
  • Myrtle Beach MSA
  • New Construction

EXECUTIVE SUMMARY

Oswald Cooke & Associates is pleased to present a corporate 7-Eleven convenience store in Loris, South Carolina (Myrtle Beach MSA), available exclusively to qualified investors.  This new-construction asset is scheduled for tenant turnover in January 2026 and will be backed by a 15-year absolute NNN corporate lease with 7-Eleven, Inc., featuring four (4) additional five-year renewal options. Strategically positioned along Highway 9, between Longs and Loris, the property benefits from exceptional visibility and access at the entrances of two major residential developments—The Forest at Black Bear (554 planned units) and Andalusia (202 planned units). A traffic signal is planned at the site entrance, enhancing accessibility and daily traffic flow.
The Loris/Longs submarket is experiencing rapid population and housing growth as residents are drawn to its relaxed pace, suburban character, and convenient proximity to Myrtle Beach amenities. The Myrtle Beach metropolitan area has been recognized by U.S. News & World Report as the #1 fastest-growing place in America for three consecutive years. With its mild climate, affordable cost of living, and business-friendly environment, the Grand Strand continues to attract young professionals, families, and retirees alike. The region boasts annual population growth of 3.03% and a 17.25% increase since 2020. Supported by strong demographics, favorable tax rates, and an expanding base of retail, medical, and residential development, this 7-Eleven represents a rare opportunity to acquire a new, corporate-backed, long-term NNN investment in one of the nation’s most dynamic growth markets.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Building Size
4,813 SF
Building Class
B
Year Built
2025
Construction Status
Under Construction
Price
$9,778,457
Price Per SF
$2,031.68
Cap Rate
5.15%
NOI
$503,591
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
2.78 AC
Zoning
HC - Highway Commercial

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • 7-Eleven
  • Retailer
  • -
  • -
  • Triple Net
  • -
TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
7-Eleven Retailer - - Triple Net -
  • Listing ID: 38305585

  • Date on Market: 11/3/2025

  • Last Updated:

  • Address: 4500 Highway 9 E, Loris, SC 29569

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