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1604 American Way , Lot 47

Myrtle Beach, SC 29577
  • $1,100,000
  • STATUS: Closed
  • ON SITE: 412 Days
  • MLS #: 2303857
Sold - 09/06/2023
$1,100,000
SOLD - 09/06/2023
  • 0
    BEDS
  • 0.51
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,340
    SQFT
  • $0
    $/SQFT

School Ratings & Info

Description

Dont miss this rare investment opportunity to own a 7,340 SF Office/ Warehouse building for sale in the highly sought after North Industrial Park area offered at a 6% CAP rate. Building is fully leased , 3% rental escalations per year, true Net Lease; Tenant pays all expenses including taxes, insurance, common area maintenance, landscape, etc. Building consists of 1,180 SF office, 1,180 SF loft space, 350 SF covered loading dock and 4,630 SF Warehouse. Building features a customer service/reception area, break room with kitchenette, 2 offices, 1 large managers office/conference room and 2 handicap accessible restrooms. Warehouse has 18 ceiling height with two 12x12 overhead doors, and a hard-to-find sunken loading dock, Zoned LM. Property is also fully equipped with an irrigation and security system. Building is located on a 0.51-acre lot featuring 112 of frontage on American Way. Don't miss your opportunity to own in Myrtle Beach's premier industrial park with convenient access to all major thoroughfares. Centrally located between highways 501, Hwy 22, 17 Bypass, 17 Business, Grissom Parkway and just steps away from Myrtle Beach International Airport. This property is a must see!

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Coastal Carolina Association of Realtors logo© 2024 Coastal Carolinas Association of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Litchfield Company. The data relating to real estate for sale or lease on this web site comes in part from CCAR. Real estate listings held by brokerage firms other than The Litchfield Company are marked with the CCAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:20:34.697.
www.thelitchfieldcompany.com/homes/137341104
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1604 American Way , Lot 47 Myrtle Beach, SC 29577

  • Price: $1,250,000
  • Status: Closed
  • On Site: 412 Days
  • MLS #: 2303857
0
Beds
0
Baths
0
½ Baths
0.51
Acres
7,340
SQFT
$0
$/SQFT
2017
Built
Neighborhood:
16G Myrtle Beach Area--Southern Limit to 10TH Ave
County:
Horry
Area:
16G Myrtle Beach Area--Southern Limit to 10TH Ave
Property Description
Dont miss this rare investment opportunity to own a 7,340 SF Office/ Warehouse building for sale in the highly sought after North Industrial Park area offered at a 6% CAP rate. Building is fully leased , 3% rental escalations per year, true Net Lease; Tenant pays all expenses including taxes, insurance, common area maintenance, landscape, etc. Building consists of 1,180 SF office, 1,180 SF loft space, 350 SF covered loading dock and 4,630 SF Warehouse. Building features a customer service/reception area, break room with kitchenette, 2 offices, 1 large managers office/conference room and 2 handicap accessible restrooms. Warehouse has 18 ceiling height with two 12x12 overhead doors, and a hard-to-find sunken loading dock, Zoned LM. Property is also fully equipped with an irrigation and security system. Building is located on a 0.51-acre lot featuring 112 of frontage on American Way. Don't miss your opportunity to own in Myrtle Beach's premier industrial park with convenient access to all major thoroughfares. Centrally located between highways 501, Hwy 22, 17 Bypass, 17 Business, Grissom Parkway and just steps away from Myrtle Beach International Airport. This property is a must see!
Exterior Features

Construction Materials BrickveneerMetalsiding Exterior Features Sprinklerirrigation

Interior Features

Building Features DriveindoorsHandicapaccessKitchenfacilitiesLoadingdockOfficePrivaterestroomsReceptionarea Cooling Centralair Cooling YN Yes Heating Central Heating YN Yes Interior Features Storage Levels Two

Property Features

Association Amenities Storage Business Type IndustrialWarehouse Current Use Office Documents Available FinancialsLeasePlat Electric Item220Volts Existing Lease Type EscalationclauseNet Lease Considered YN No Listing Terms Conventional Location Property Sub Type Industrial Property Sub Type Additional Industrial Security Features SecuritysystemFiresprinklersystem Sewer Publicsewer Special Listing Conditions None Tax Annual Amount 7706.11 Zoning Lm

Coastal Carolina Association of Realtors logo Listing information © 2024 Coastal Carolinas Association of REALTORS® MLS. Listing provided by Tideland Commercial:.


Coastal Carolina Association of Realtors logo© 2024 Coastal Carolinas Association of REALTORS® MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Litchfield Company. The data relating to real estate for sale or lease on this web site comes in part from CCAR. Real estate listings held by brokerage firms other than The Litchfield Company are marked with the CCAR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated: 2024-04-04T00:20:34.697.
 
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The Litchfield Company
14240 Ocean Highway 17
Pawleys Island SC, 29585