3816 Highway 17 South, North Myrtle Beach, SC 29582

$2,200,000
6,250
SqFt
Sold Price
$2,200,000
List Price
$2,250,000
Status
CLOSED
MLS#
2304474
Closing Date
Sep 06, 2023
Days on Market
181
Property Type
Office
Total Square Feet
6,250
Total Heated SqFt
6250
Lot Size
28,314
Region
11f North Myrtle Beach Area--Between Hwy 17 And Wa
Year Built
1987

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.

Additional Information

Levels
One
Possession
Closing
County
Horry
Parking Spaces
40
Acres
0.65
Zoning
C
Listing Courtesy Of
SVN Peace & Company

Listing courtesy of Listing Agent: Chris Marek (hampton.peace@peacesir.com) from Listing Office: SVN Peace & Company.

Selling Office: RE/MAX Executive.

Provided courtesy of The Coastal Carolinas Association of REALTORS®. Information Deemed Reliable but Not Guaranteed. Copyright 2024 of the Coastal Carolinas Association of REALTORS® MLS. All rights reserved. Information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Contact: hampton.peace@peacesir.com

Mortgage Calculator

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