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6270-6280 Dick Pond Rd

8,000 SF 100% Leased Retail Building Myrtle Beach, SC 29588 £1,116,780 (£140/SF) 8% Net Initial Yield

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Executive Summary

Prime location. Mixed use building plus garage. 1st building consists of 4 commercial units plus 1 residential (3 Bedroom apartment) on the second floor. 2nd building consists of 6 car garage. This lot has 1 acre of land and has 142ft street frontage. Due to growth in the area, there is street widening work taking place on Dick Pond Rd and Forest Brook Rd. Call with any questions and take a look at the survey attached. Lastly, this property is available for partial or full rental for long term lease.

Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Storefront Retail/Residential

Building Size

8,000 SF

Year Built/Renovated

1974/2015

Price

£1,116,780

Price Per SF

£140

Net Initial Yield

NOI

£89,342

Percent Leased

100%

Tenancy

Multiple

Number of Floors

Building FAR

0.16

Lot Size

1.16 AC

Zoning

Parking

50 Spaces (6.25 Spaces per 1,000 SF Leased)

Frontage

142 ft on Dick Pond Rd

Amenities

Bus Route

Pylon Sign

Signage

Space Availability

1st Floor
8,000 SF
Retail
-
30 Days

Mixed use building with 3 commercial spaces, residential unit on second floor and Garage /Storage space on over 1 acre of land. Available for $10,000 a month for the entire place. Or if you just need Garage /Storage space with half acre of land,it can be available for $3,500 a month. Call Aaron to discuss options.