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Coastal Wellness Center - Myrtle Beach, SC 4955 Highway 17 Byp S
7,880 SF 67% Leased Office Building Myrtle Beach, SC 29577 $1,941,934 CAD ($246 CAD/SF) 8.76% Cap Rate
Investment Highlights
- Coastal Wellness & Coastal Care Stand Out as One of the Top Providers For Addition Care Since 2016 in Horry County
- 2.5% Rent Coverage Ratio From EBITDA | 9% Rent to Sales Ratio
- Located Off Highway 17, Which Has 55,152 VPD; 4.2% Annual Population Growth
- Absolute NNN Sale Leaseback Property With No Landlord Responsibilities and 2% Annual Increases
- Conveniently Located in a Heavy Medical Retail Corridor Near South Strand Medical Center, Publix, Starbucks, McDonalds, Goodwill Etc.
- 67% Occupied Center With a Value-Add Opportunity to Lease Out the Remaining 2,626 SF
Executive Summary
In Cooperation With Sands Investment Group Charleston, LLC Lic. #20891 BOR: Chris Sands - Lic. SC #93103
Property Facts
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Coastal Care
- Health Care and Social Assistance
- 2,626 SF
- $32.38 CAD
- Net
- Nov 2031
- Coastal Wellness
- Health Care and Social Assistance
- 2,626 SF
- $32.38 CAD
- Net
- Nov 2031
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Coastal Care | Health Care and Social Assistance | 2,626 SF | $32.38 CAD | Net | Nov 2031 | |
| Coastal Wellness | Health Care and Social Assistance | 2,626 SF | $32.38 CAD | Net | Nov 2031 |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
2,626 SF For Lease Adjacent to High-Performing Medical Wellness and Laboratory Tenants The Layout Includes: Two Front Entrances (Front and Back), a Lobby, a Receptionist Office, 10 Potential Exam Rooms, 2 Bathrooms, a Breakroom and 2 Storage Closets Conveniently Located Off Hwy 17, Which Sees 55,152 VPD Conveniently Located in a Heavy Medical Retail Corridor Near South Strand Medical Center, Publix, Starbucks, McDonald's, Goodwill and Smoothie King
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 2,660 SF | Office | - | Now |
1st Floor
| Size |
| 2,660 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size | 2,660 SF |
| Space Use | Office |
| Condition | - |
| Available | Now |
2,626 SF For Lease Adjacent to High-Performing Medical Wellness and Laboratory Tenants The Layout Includes: Two Front Entrances (Front and Back), a Lobby, a Receptionist Office, 10 Potential Exam Rooms, 2 Bathrooms, a Breakroom and 2 Storage Closets Conveniently Located Off Hwy 17, Which Sees 55,152 VPD Conveniently Located in a Heavy Medical Retail Corridor Near South Strand Medical Center, Publix, Starbucks, McDonald's, Goodwill and Smoothie King
PROPERTY TAXES
| Parcel Number | 44114010006 | Improvements Assessment | $17,214 CAD |
| Land Assessment | $11,690 CAD | Total Assessment | $28,904 CAD |
PROPERTY TAXES
Presented by
Coastal Wellness Center - Myrtle Beach, SC | 4955 Highway 17 Byp S
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