925 Seaside Rd SW | Ocean Isle Beach, NC 28469
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- LoopNet Team
925 Seaside Rd SW
Ocean Isle Beach, NC 28469
Sunset Commons · Retail Property For Sale
Investment Highlights
- High-yielding and value-add shopping center in the Myrtle Beach metro region with huge upside through strategic long-term leasing.
- Stable income from the current tenant line-up with future upside through leasing, redevelopment, or repositioning.
- The center has seen increased leasing demand each year since 2018 as the town and county are both experiencing exponential growth.
- The anchor tenant, Lowes Foods, is dark and has ±5 years remaining on their firm lease term, providing cash flow while planning for the long term.
- Located at the signalized hard corner of Old Georgetown Road and Seaside Road SW, providing excellent visibility with high traffic counts.
- Favorable CO-CLD zoning allowing flexibility for the Lowes Foods big-box with multiple potential uses or different options for the overall site.
PROPERTY FACTS
Property Type
Retail
Building Size
67,922 SF
Building Class
B
Year Built
2006
Tenancy
Multiple
Number of Floors
1
Loading Docks
2 Exterior
Building FAR
0.21
Lot Size
7.54 AC
Zoning
CO-CLD - Commercial
Parking
276 Spaces (4.06 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Tenant Controlled HVAC
- Drive Thru
PROPERTY TAXES
| Parcel Number | 2270002307 | Improvements Assessment | £4,399,353 |
| Land Assessment | £253,819 | Total Assessment | £4,653,173 |
PROPERTY TAXES
Parcel Number
2270002307
Land Assessment
£253,819
Improvements Assessment
£4,399,353
Total Assessment
£4,653,173
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