Fully Occupied Myrtle Beach Retail

740-794 Oak Forest Ln, Myrtle Beach, SC

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For Sale

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20,908 SF retail center with development opportunity in Myrtle Beach.

Type:RETAIL

Property size:

20,908 SF

Lot size:

4.27 Acres

Price / SF:

$377/SF

HighLights

Shadow‑anchored by the #1 most visited Walmart Supercenter in South Carolina (3.9M visits/year), driving significant customer traffic.
Located in a dominant retail hub next to Coastal Grand Mall and other major retailers like Costco and Home Depot.
Fully occupied retail center with a strong tenant mix of internet‑resistant, daily needs businesses on long‑term NNN leases (5.28 year WALT).
Located in Myrtle Beach, the fastest growing place in America and a top tourism destination with over 19 million annual visitors.
Features a developable 2.50‑acre lot, providing significant upside potential through development and lease‑up.
Attractive rental growth with fixed annual contractual rent increases across the tenant roster, ensuring steady income growth.

We can help!

Listing Contact

Daniel Hoogesteger

Learn more

For Sale

Contact for pricing

20,908 SF retail center with development opportunity in Myrtle Beach.

Type:RETAIL

Property size:

20,908 SF

Lot size:

4.27 Acres

Price / SF:

$377/SF

Added:: Apr 8, 2025
Days on Market:: 433
Last Refresh:: May 20 at 8:18 pm

Property Features for 740-794 Oak Forest Ln

General Information

Standard status: Active
Size: 20,908 SF
Lot size: 4.27 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Daniel Hoogesteger

Listing agent Daniel Hoogesteger

Listing office Sands Investment Group (SIG) | Fort Lauderdale

Listing date Apr 8, 2025

Source Moodyscre

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 Sands Investment Group (SIG) | Fort Lauderdale

HighLights

Shadow‑anchored by the #1 most visited Walmart Supercenter in South Carolina (3.9M visits/year), driving significant customer traffic.
Located in a dominant retail hub next to Coastal Grand Mall and other major retailers like Costco and Home Depot.
Fully occupied retail center with a strong tenant mix of internet‑resistant, daily needs businesses on long‑term NNN leases (5.28 year WALT).
Located in Myrtle Beach, the fastest growing place in America and a top tourism destination with over 19 million annual visitors.
Features a developable 2.50‑acre lot, providing significant upside potential through development and lease‑up.
Attractive rental growth with fixed annual contractual rent increases across the tenant roster, ensuring steady income growth.

Overview

This 20,908 square foot retail center is fully occupied and shadow-anchored by the state’s most visited Walmart Supercenter. The property is located in Myrtle Beach, South Carolina, a top tourism destination with over 19 million annual visitors. Situated at the high-traffic interchange of Highway 501 (65,844 VPD) and Highway 17 (44,739 VPD), the location is near Walmart, Costco, and Home Depot, and just 2.1 miles from Myrtle Beach’s Ocean Boulevard. The property is strategically located next to the Coastal Grand Mall, a 1,037,499 square foot regional mall. The center features six food and service-oriented tenants on long-term NNN leases with a weighted average lease term (WALT) of 5.28 years. 71% of the GLA has been successfully occupied by tenants operating at this location for an average of 15 years. The property includes a developable 2.50 acre lot. The center offers fixed annual contractual rent increases across the tenant roster, and provides a secure income stream from an internet-resistant, daily needs tenant line-up. One tenant occupies 19% of the total GLA and is paying below market rent, providing near term upside for a prospective investor upon lease expiration.

Location Intelligence

Current Use by Public Records

Shopping centers

Suggested Use

Similar Places Nearby

Sunglass Hut — 2000 Coastal Grand Cir Spc C330, Myrtle Beach, SC 29577
Coastal Grand Mall — 2000 Coastal Grand Cir, Myrtle Beach, SC 29577
Pine Island Point — US-17, Myrtle Beach, SC 29577
Almacén ABC — 1415 Cannon Rd, Myrtle Beach, SC 29577
Gumm Plaza — 1500 US-501, Myrtle Beach, SC 29577

Location Insight

Map
Local Demand

City: Myrtle Beach
County: Horry
State: South Carolina
Longitude: -78.9097
Latitude: 33.7042

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For sale
Shopping centers
SC
Myrtle Beach
740-794 Oak Forest Ln

What type of property is this?

Shopping center - 20,908 SF retail center with development opportunity in Myrtle Beach.

Where is this shopping center located?

The property is located at 740-794 Oak Forest Ln Myrtle Beach, SC.

What is the asking price?

The asking price for this property is $7,900,000.

What are key features of this property?

This property features: Shadow‑anchored by the #1 most visited Walmart Supercenter in South Carolina (3.9M visits/year), driving significant customer traffic.; Located in a dominant retail hub next to Coastal Grand Mall and other major retailers like Costco and Home Depot.; Fully occupied retail center with a strong tenant mix of internet‑resistant, daily needs businesses on long‑term NNN leases (5.28 year WALT).

740-794 Oak Forest Ln, Myrtle Beach, SC

20,908 SF retail center with development opportunity in Myrtle Beach.

Property Features for 740-794 Oak Forest Ln

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Well-Maintained Office Building in Myrtle Beach

Commercial Property in Myrtle Beach

Two-Story Office Building in Myrtle Beach

Myrtle Beach Office Building Investment

Myrtle Beach Professional Office Park

Turnkey Myrtle Beach Restaurant Opportunity

12-Unit Apartment Building

Myrtle Beach Multifamily Investment

Renovated Townhouse-Style Condo Package

Four-Unit Duplex Property

Turnkey Boutique Coastal Apartment Building

New Myrtle Beach Duplex Investment

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