Log In/Sign Up
Your email has been sent.
Del Taco 4570 Dick Pond rd 2,200 SF Retail Building Myrtle Beach, SC 29588 $4,095,000 ($1,861.36/SF) 5.25% Cap Rate
Investment Highlights
- ATTRACTIVE LEASE FUNDAMENTALS
- POSITIONED IN HIGH DEMAND RETAIL TRADE AREA
- NEW CONSTRUCTION BY NEW RESIDENTIAL COMMUNITY
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
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 CONSTRUCTION BY NEW RESIDENTIAL COMMUNITY
- Newly constructed building built with Tenant’s newest prototype in mind
- Directly down the road from Pulte Home’s 2K Home Development
STRONG SURROUNDING DEMOGRAPHICS
- Over 17K homes in a 3-mile radius
- AHHI in a 3-mile radius exceeds $95K, providing high discretionary spending
POSITIONED IN HIGH DEMAND RETAIL TRADE AREA
- Site fronts Dick Pond Rd (31.8K VPD)
- Over 464K SF of retail space in a 1-mile radius, with over 10K of absorption in trailing 12 months and a 0% vacancy rate
- Nearby retailers include: Planet Fitness, Auto Zone, O’Reilly’s, Ace, Subway
- 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
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 CONSTRUCTION BY NEW RESIDENTIAL COMMUNITY
- Newly constructed building built with Tenant’s newest prototype in mind
- Directly down the road from Pulte Home’s 2K Home Development
STRONG SURROUNDING DEMOGRAPHICS
- Over 17K homes in a 3-mile radius
- AHHI in a 3-mile radius exceeds $95K, providing high discretionary spending
POSITIONED IN HIGH DEMAND RETAIL TRADE AREA
- Site fronts Dick Pond Rd (31.8K VPD)
- Over 464K SF of retail space in a 1-mile radius, with over 10K of absorption in trailing 12 months and a 0% vacancy rate
- Nearby retailers include: Planet Fitness, Auto Zone, O’Reilly’s, Ace, Subway
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,200 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$4,095,000
Price Per SF
$1,861.36
Cap Rate
5.25%
NOI
$215,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
0.97 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Del Taco
- Retailer
- 2,200 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Del Taco | Retailer | 2,200 SF | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 44803020086 | Improvements Assessment | $0 |
| Land Assessment | $79,800 | Total Assessment | $79,800 |
Property Taxes
Parcel Number
44803020086
Land Assessment
$79,800
Improvements Assessment
$0
Total Assessment
$79,800
1 of 5
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Del Taco | 4570 Dick Pond rd
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.