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Scooter's Coffee | Sale Leaseback 9220 Highway 707 720 SF Retail Building Myrtle Beach, SC 29588 $1,450,000 ($2,013.89/SF) 6% Cap Rate
Investment Highlights
- New 2025 construction | Absolute net lease | Zero landlord responsibilities
- Explosive population growth within 1-mile | 71.64% from 2010-2025
- Strong consumer base | Surrounded by new residential and multifamily development | 873 single family homes combined & 204 apartment units
- Great visibility & access from Hwy 707 | 27,800 VPD
- Close proximity to new Tidelands Health Carolina Bays Hospital | Planned full-service hospital campus with emergency, cardiac, and cancer care
- Affluent surrounding area | $104,384 average household income within a 1-mile radius
Executive Summary
Ransome Foose and Carl Brendes of Berkeley Capital Advisors are pleased to present for sale Scooter's Coffee Sale Leaseback in Myrtle Beach, SC. We welcome your review of this attractive investment.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Freestanding
Building Size
720 SF
Building Class
B
Year Built
2025
Price
$1,450,000
Price Per SF
$2,013.89
Cap Rate
6%
NOI
$87,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
0.78 AC
Zoning
Commercial
Parking
40 Spaces (55.56 Spaces per 1,000 SF Leased)
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 45706010006 | Improvements Assessment | $0 |
| Land Assessment | $147,839 | Total Assessment | $147,839 |
Property Taxes
Parcel Number
45706010006
Land Assessment
$147,839
Improvements Assessment
$0
Total Assessment
$147,839
Contacts
-
Ransome Foose -
Carl Brendes -
Quinn O'Donnell -
Matt Sagehorn -
Berkeley Capital Advisors
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Scooter's Coffee | Sale Leaseback | 9220 Highway 707
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