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    1303 Tadlock Dr Murrells Inlet, SC 29576

    For Sale
    $2,844,000

    NNN leased Cracker Barrel with long term passive income.

    Property size:
    9,563 SF
    Lot size:
    2.92 Acres

    Property Features for 1303 Tadlock Dr

    General Information

    Size
    9,563 SF
    Lot size
    2.92 Acres

    Source: JLL | Miami Agent Alex Sharrin

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Murrells Inlet Cracker Barrel Investment

    This single-tenant Cracker Barrel property is located in Murrells Inlet, SC. The tenant operates under a 20-year absolute NNN lease, which commenced in 2020 and has 15 years remaining, featuring 1.00% annual rental escalations and ten, 5-year renewal options. The property experiences over 209,000 visits annually. The surrounding area has a dense population of over 66,000 residents and an average household income exceeding $100,000 within a five-mile radius. This property offers the opportunity to acquire long-term passive income with zero landlord obligations from a widely recognized American casual dining operator.
    Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murrells Inlet
    County
    Horry
    State
    South Carolina
    Longitude
    -79.0283605
    Latitude
    33.575609

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    FAQs

    What type of property is this?
    Conventional restaurant - NNN leased Cracker Barrel with long term passive income.
    Where is this conventional restaurant located?
    The property is located at 1303 Tadlock Dr Murrells Inlet, SC.
    What is the asking price?
    The asking price for this property is $2,844,000.
    What are key features of this property?
    This property features: - Absolute NNN lease provides zero landlord obligations, ensuring passive income.; - Established tenant, Cracker Barrel, is a widely recognized American casual dining operator.; - Lease has **15 years remaining** with ten, 5-year renewal options, providing long-term stability.
    (305) 913-5545
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    1303 Tadlock Dr Murrells Inlet, SC 29576
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1303 Tadlock Dr Murrells Inlet, SC 29576
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