4623 US-17 BUS -1 | Murrells Inlet, SC 29576
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4623 US-17 BUS -1
Murrells Inlet, SC 29576
7-Eleven | 15-YR w 10% Rent Increases · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Corporate Guaranty - 7-Eleven is among the world’s largest and most widely recognized and iconic retailers, 7-Eleven acquired Speedway in 2021
- Strategically Located in High Traffic Corridor - Located on US-17 (39,900 VPD) with two points of ingress/egress
- Potential Tax Advantage - Allows for Accelerated Depreciation or Bonus Depreciation - Please certify with your CPA
- Long-Term Lease with Favorable Rent Increases - 15-year initial term with 4, 5-year options | 10% Increases every 5 years
- Popular Beach Town - Hosting over 4.6 million visitors annually, the Myrtle Beach area is home to an array of tourist attractions
- Strong Population Growth - The 5-year population growth rate is projected to be 13.0% within a 3-mile radius | 45.19% population growth within 5-miles
PROPERTY FACTS
Property Type
Retail
Building Size
4,650 SF
Year Built
2022
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.11 AC
Parking
20 Spaces (4.3 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 41-0119-033-00-00 | Improvements Assessment | $83,670 |
| Land Assessment | $60,000 | Total Assessment | $143,670 |
PROPERTY TAXES
Parcel Number
41-0119-033-00-00
Land Assessment
$60,000
Improvements Assessment
$83,670
Total Assessment
$143,670
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