3816 Highway 17 South, North Myrtle Beach SC, 29582

Sold

3816 Highway 17 South

North Myrtle Beach SC, 29582

$2,200,000

$352.00 per sqft

Sold

6,250 sqft

Commercial

Built in 1987

Trophy Asset for your investor client with a 6.5% cap rate! Fully stabilized medical building with 15-year corporate guarantee and all tenants under cost-allocation and NNN. One of the best high traffic areas in North Myrtle Beach with 3 tenants occupying the entire 6,250 sqft building. Tenant lease terms have 5 years, 6 years and 12 years left on initial terms of the 3 tenants! over 40 parking spaces. See floor plan for layout. See financial overview in documents.

2304474

MLSⓇ ID

March 9, 2023

Listed

February 16, 2024

Updated

Map

3816 Highway 17 South
North Myrtle Beach SC, 29582

Interior Features

Total Stories: 1
Fireplace: No
Cooling: No
Heating: No

Exterior/Building Features

Lot Size: 0.65 Acres

Other Property Details

Area Name: 11F North Myrtle Beach Area--between Hwy 17 and wa
Days on Market: 181
Garage: No
Parking Total: 40
View: No
County: Horry
Pool: No
Zoning: C
Buyer Agency Compensation: 3%

Listing History

Date	Event	Price
9/6/2023	Price Change	$2,200,000 -3%
9/6/2023	Sold	$2,200,000
8/1/2023	Under Contract	—
5/3/2023	Active	—

Courtesy of SVN Peace & Company

Listing Contact: [email protected]

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