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4227 Broad St
Loris, SC 29569

Price Upon Request

Supermarket For Sale  •  11,159 SF

Property Details

  • Property Type Supermarket
  • Total Building Size 11,159 SF
  • Building Class C
  • Year Built 2001
  • Tenancy Single
0 Transit Score
54 Walk Score

Highlights

Tenant just Executed a 10 Year Lease Extension and Recently Converted the Store Into a Family Dollar/Dollar Tree Combo Store
Dollar Tree Has a Bond Rating of Baa2 (Moody's) and BBB (S&P), Making it an Investment Grade Tenant; This Makes For a Stabilized Investment For a New
Tenant Also Has a Significant Rent Bump in Year 5, Increasing the New Owner Cash Flow
A New Owner Can Also Benefit From Bonus Depreciation Due to the Property Being a Leasehold Interest
The Property Sits Conveniently Along Broad Street in Loris That Sees 10,951 Vehicles Per Day; the Site Also Has Excellent Visibility From the Road
The Property's Ground Lease Has Over 10 Years Remaining With an Expiration Date of 10/31/2033

Amenities

  • Pylon Sign
  • Signage

Public Transportation

AirportDriveWalkDistance
Myrtle Beach International 54 min - 35.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 400
Type: Surface
Included in Rent: Yes