Homes for sale in Myrtle Beach SC

Myrtle Beach Real Estate

Office Medical Office 3816 Highway 17 South North Myrtle Beach

Bedrooms Bedrooms: Bathrooms Bathrooms:
MLS #: 2304474
Address Street: Highway 17 South
City: North Myrtle Beach
County: Horry
State: SC
Zip: 29582
Status: ACTIVE
Sale/Rent: For Sale
Asking Price: $2,250,000
Stipulation of Sale: None
Number of Units: 3
# of Stories: 1
Buildings: 1
Type: Office
Half Baths: 1
Zoning: C
Number of Acres: 0.65
Total Parking Spaces: 40
Est. Gross SqFt: 6250
Estm. Road Frontage: 154

Property Description

Trophy Asset for your investor client with a 6.5% cap rate! Fully stabilized medical building with 15-year corporate guarantee and all tenants under cost-allocation and NNN. One of the best high traffic areas in North Myrtle Beach with 3 tenants occupying the entire 6,250 sqft building. Tenant lease terms have 5 years, 6 years and 12 years left on initial terms of the 3 tenants! over 40 parking spaces. See floor plan for layout. See financial overview in documents.

Interior & Exterior Features

Feature Descriptions

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Courtesy of: SVN Peace & Company
Latitude: 33.8027959496678
Longitude: -78.7277671694756

Last modified on: 03/09/2023