38th Ave Plaza-Property for Sale

Myrtle Beach in South Carolina (United States) Zip code Zip: 29577

Publish date: August 9, 2017 15:39

Price: Check with seller

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Description

Uniquely located between the busy Retail Community and the Professional Finance District of Oleander Drive, Myrtle Beach, SC. With high visibility from Highway 17 Bypass, property is surrounded by award winning golf courses, shopping centers, entertainment and Professional Office Parks.

Approximately 1.27 Acres, Leasehold Interest
Outparcel of Bi-Lo Anchored Center, Plantation Point
Accessed by Interior Loop Road to Shopping Center
Excellent Visibility from U.S. Highway 17 Bypass
Other Outparcels include CVS, McDonalds, Zaxby's

IMPROVEMENTS:
Approximately 7,100 SF Retail Building on Slab
Three Tenant Building, with Double Storefronts
Brick & Stucco Finishes, with Decorative Awnings

MASTER GROUND LEASE:
Primary Term of Twenty Five (25) Years, Initial Date 2006
Four (4) Renewal Options of Five (05) Years Each
Current Rate of Sixty Seven Thousand Two Hundred Dollars ($67,200)
Base Rent Escalations of Twelve Percent (12%) every Five (05) Years

Current Tenants : Salsarita's Fresh Cantina, LLC, Carolina Motor Club, Inc. dba, AAA Motor Club,Inc., Dickie's BBQ , Rent Roll Available upon request

Tag: Commercial Land, Lots and Land, Real Estate, Commercial Real Estate, Vacant Land, Commercial Property, Land Acreage
Commercial Lot, Commercial Land, Myrtle Beach Land

ID: 71385 65 views