INVESTMENT HIGHLIGHTS:

• STRATEGIC LOCATION: Situated along N Kings Hwy (Highway-17 Business), the property is located in one of the most prominent retail areas in Myrtle Beach and sees over 26,000 vehicles per day. The center is adjacent to the Village Square Shopping Center, which includes a Walmart, as well as walking distance from the beach. This site is truly “Beach Real Estate” and is genuinely irreplaceable.
• DEVELOPMENT OPPORTUNITY: With roughly 1.5 acres of land situated behind the center and high rental demand, this property provides a unique opportunity to develop multifamily real estate within walking distance to the beach, all while capitalizing on the income of the shopping center.
• MYRTLE BEACH, SC: This August, U.S News and World Report named Myrtle Beach America’s fastest growing city for the third year in a row. Its ranking is based on the percentage increase of people living in the area.
• RENT UPSIDE POTENTIAL: With several of the leases expiring in 2024, this center provides a great value-add opportunity for a new investor to capitalize on increasing rents to be in line with the market and the growth of the city.
• INTERNET RESISTANT TENANTS: Convenience oriented tenants including restaurants, a gym, and church drive continuous traffic from tourists and locals alike.