Restaurant and Retail
10435 N Kings Hwy. Myrtle Beach, SC 29572
For Sale
$1,750,000
High-visibility restaurant and retail space with walk-in refrigeration, hooded cooking support, and ample on-site parking.
Property Size6,364 SF
Price / SF$274.98
Days on Market51
Property Features for 10435 N Kings Hwy.
General Information
Standard status
Active
Size
6,364 SF
Property subtype
Commercial
Listing Agency:
Fidei Real Estate Int'l
(888) 874-2121
Listed By:
Yana Lynch ()
Source:
C21theharrelsongroup
Added: Jun 9
Changed: Jul 10
Last Checked: Jul 29 at 7:16AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fidei Real Estate Int'l
Investment Insights
Based on property information with market context.
This property is a combined restaurant and retail building offering a prepared food-service setup, including two walk-in coolers and walk-in freezers, along with 2 hoods. The space is well suited for food-focused concepts that need built-in refrigeration and ventilation support within the existing improvements.
Located at 10435 N Kings Hwy in the Briarcliff area of Myrtle Beach, SC, the site is described as being in a fast-growing area with high road visibility. The offering includes an estimated 166 feet of road frontage and 70 parking spaces, supporting convenient customer access.
For prospective owners, the existing restaurant infrastructure can help support operation as a restaurant or similar food service use. The property is also described as fitting for a medical facility or coffee shop, with the site identified as zoned highway commercial. For buyers evaluating mixed-use or conversion potential, the combination of frontage, parking, and food-service improvements is a practical starting point.
Located at 10435 N Kings Hwy in the Briarcliff area of Myrtle Beach, SC, the site is described as being in a fast-growing area with high road visibility. The offering includes an estimated 166 feet of road frontage and 70 parking spaces, supporting convenient customer access.
For prospective owners, the existing restaurant infrastructure can help support operation as a restaurant or similar food service use. The property is also described as fitting for a medical facility or coffee shop, with the site identified as zoned highway commercial. For buyers evaluating mixed-use or conversion potential, the combination of frontage, parking, and food-service improvements is a practical starting point.
Key Highlights
- 6,364 SF restaurant/retail space in the Briarcliff area
- 166 ft estimated road frontage with high road visibility
- Restaurant features include two walk‑in coolers and walk‑in freezers
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $143.6k | $22.56 |
| − Vacancy | −$3.6k | −$0.56 |
| EGI | $140.0k | $22.00 |
| − OpEx | −$35.0k | −$5.50 |
| NOI | $105.0k | $16.50 |
6,364 SF · lease $22.56/SF/yr · vacancy 2.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.50M
$1.31M – $1.75M
NOI $104,987 @ 7.0% cap · market cap 6.00%
Second Best
Retail
$1.33M
$1.16M – $1.55M
NOI $92,776 @ 7.0% cap · market cap 5.30%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,902 @ 7.0% cap · market cap 6.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Conventional restaurant - High-visibility restaurant and retail space with walk-in refrigeration, hooded cooking support, and ample on-site parking.
Where is this conventional restaurant located?
The property is located at 10435 N Kings Hwy. Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 6,364 SF restaurant/retail space in the Briarcliff area; 166 ft estimated road frontage with high road visibility; Restaurant features include two walk‑in coolers and walk‑in freezers
