2401 Discovery Ln Myrtle Beach, SC 29575
NNN Cadence Academy Preschool with favorable annual rent escalators.
Property size:
10,100 SFLot size:
1.21 AcresProperty Features for 2401 Discovery Ln
General Information
- Size
- 10,100 SF
- Lot size
- 1.21 Acres
Source:
Moodyscre
Listing Agent: Seth Krepistman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Surfside Beach Preschool Investment Property
This 10,100 square foot property is located at 2401 Discovery Lane in Surfside Beach, SC. The property is currently operating as a Cadence Academy Preschool. Cadence Education is one of the largest private childcare providers in the United States with over 30 years of operating history and more than 300 locations. The tenant is paying $21.49 per square foot. The property has over 10 years remaining on the initial term with favorable 2% annual rent escalators. The property is located less than 15 miles from Myrtle Beach International Airport, in a high-traffic area off of Highway 17 and Highway 544. Nearby retailers include South Strand Commons Mall, Publix Supermarket, Walmart Supercenter, Dunkin’, Lowe’s, The UPS Store, Grand Park Athletic Complex, Panera Bread, Chipotle and McAlister’s Deli. Nearby feeder elementary schools include Lakewood, Burgess, Socastee, Seaside and Palmetto Academy. Surfside Beach has long been known throughout the Grand Strand as a “Family Beach”. The town is also home to seven parks and is well on its way to reopening the iconic 800-foot Surfside Pier offering jet ski rides and parasail flights. According to the S.C. Department of Parks, Recreation and Tourism generated $24.4 Billion in 2019 with 2023 reports showing continued progress.
Location Intelligence
Current Use by Public Records
Cadence Academy Preschool
Day Care Center
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9845473
- Latitude
- 33.6450011
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FAQs
What type of property is this?
Storefront property - NNN Cadence Academy Preschool with favorable annual rent escalators.
Where is this storefront property located?
The property is located at 2401 Discovery Ln Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $3,289,303.
What are key features of this property?
This property features: - NNN lease with 11+ years remaining and favorable 2% annual rent escalators.; - Tenant is Cadence Education, a large childcare provider with 30+ years of experience and 300+ locations.; - Located in a high-traffic area off Highway 17 and Highway 544, convenient to Myrtle Beach International Airport.