North Myrtle Beach Real Estate Commercial for sale

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3816 Highway 17 South North Myrtle Beach, SC 29582

$2,250,000 | N/A beds | N/A full baths | N/A half baths | 6,250 sqft

$2,200,000

3816 Highway 17 South
North Myrtle Beach, SC 29582

CZoning
6,250SqFt
3Units
N/ASale/Rent
N/AWet Lands
0.65Acres

MLS# 2304474
Commercial
Office
Sold

Watching
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Approx Time on Market5 months, 27 days
AreaNorth Myrtle Beach Area--Between Hwy 17 and Waterway
CountyHorry
SubdivisionN/A

Overview

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.

Sale Info

Listing Date: 03-09-2023

Sold Date: 09-06-2023

Aprox Days on Market:
5 month(s), 27 day(s)

Listing Sold:
7 month(s), 13 day(s) ago

Asking Price: $2,250,000

Selling Price: $2,200,000

Price Difference:
Reduced By $50,000

Agriculture / Farm

Grazing Permits Blm: ,No,

Horse: No

Grazing Permits Forest Service: ,No,

Grazing Permits Private: ,No,

Irrigation Water Rights: ,No,

Farm Credit Service Incl: ,No,

Crops Included: ,No,

Association Fees / Info

Hoa: No

Bathroom Info

Building Info

New Construction: No

Num Stories: 1

Levels: One

Year Built: 1987

Mobile Home Remains: ,No,

Zoning: C

Building Area Source: Assessor

Buyer Compensation

Exterior Features

Spa: No

Financial

Lease Renewal Option: ,No,

Garage / Parking

Parking Capacity: 40

Garage: No

Carport: No

Open Parking: No

Attached Garage: No

Interior Features

Fireplace: No

Furnished: Unfurnished

Lot Info

Lease Considered: ,No,

Lease Assignable: ,No,

Acres: 0.65

Land Lease: No

Misc

Pool Private: No

Offer Compensation

Property Info

County: Horry

Current Use: Retail

View: No

Number of Units Total: 3

Senior Community: No

Stipulation of Sale: None

Habitable Residence: ,No,

Property Sub Type Additional: Office

Property Attached: No

Rent Control: No

Number of Buildings: 1

Room Info

Basement: ,No,

Sold Info

Sold Date: 2023-09-06T00:00:00

Sqft Info

Building Sqft: 6250

Sqft: 6250

Tax Info

Unit Info

Utilities / Hvac

Electric On Property: No

Cooling: No

Heating: No

Waterfront / Water

Waterfront: No

Directions

Located on the west side of Highway 17 S across the street from the North Myrtle Beach Comfort Inn. Adjacent to Exxon Mobile Gas station, Zaxby's and Food lion.

Courtesy of Svn Peace & Company - hampton.peace@peacesir.com

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On showmemyrtlebeach.com since Thu, Mar 9th 2023
No Property History recorded for this listing.

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MLS IDX data last updated on 04-19-2024 6:21 AM EST.

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