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New Construction Starbucks Investment Property
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1478 SC-544, Conway, SC

New construction Starbucks with a 15-year net lease.

Property Size2,223 SF
Lot Size0.83 Acres
Price / SF$1,282
Days on Market829

Property Features for 1478 SC-544

General Information

Standard status Active
Size 2,223 SF
Lot size 0.83 Acres
Property subtype LAND
Listing Agency: Secure Net Lease - Dallas
Listed By: Edward "Ed" Benton · License #557247
Source: Moodyscre
Added: Apr 26, 2024 Changed: Jul 10 Last Checked: Jul 21 at 4:45AM

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 Secure Net Lease - Dallas

Investment Insights

Based on property information with market context.

This property features a newly constructed 2,223+/- square foot building on a 0.842+/- acre site. The property includes a rare 15-year net lease with 10% rental increases in both the primary term and (4) 5-year options to renew. Situated at the intersection of Corporal Dennis Lyden Memorial Hwy/SC-544 (30,194 VPD) and State Rd S-26-1121 (8,867 VPD), the location benefits from high traffic volume. It is located one mile from Conway Medical Center, a major economic driver and one of the largest employers in Horry County for nearly a century. Additionally, the property is less than 1.5 miles from Coastal Carolina University, which has a student population of 10,800. The tenant, Starbucks, is the largest specialty coffee retailer globally, with over $35.98 billion in revenue across 38,040 stores. The property is located in Conway, which is 10 miles from Myrtle Beach and has a population of 27,346. This property is suitable for coffee shops, restaurants, retail, and specialty purposes.

Key Highlights

  • 15‑year net lease with 10% rental increases in both primary term & (4) 5‑year options to renew
  • Located at a high‑traffic intersection: Corporal Dennis Lyden Memorial Hwy/SC‑544 (30,194 VPD) and State Rd S‑26‑1121 (8,867 VPD)
  • New 2024 construction**: 2,223+/- sf building on 0.842+/- acre site

Property Analytics

Current Use

Coffee shops

Location Intelligence

Trade Area within ½ mile

212
Businesses Nearby
94k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 76% Shops & Services 24%
McDonald's Dining
31,466 visits/mo 0.4 miles
Circle K Shops & Services
22,622 visits/mo 0.1 miles
Dunkin' Donuts Dining
18,838 visits/mo 0.4 miles
Starbucks Dining
12,781 visits/mo 0.4 miles
McAlister's Deli Dining
5,027 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • J&J Cafeteria — 1303 4th ave, conway, sc 29526
  • A Cup Full Cafe — 1022 3rd Ave, Conway, SC 29526
  • Juice Crush, LLC — 505 Church St, Conway, SC 29526

Frequently Asked Questions

What type of property is this?
Coffee shop - New construction Starbucks with a 15-year net lease.
Where is this coffee shop located?
The property is located at 1478 SC-544 Conway, SC.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: 15‑year net lease with 10% rental increases in both primary term & (4) 5‑year options to renew; Located at a **high‑traffic intersection**: Corporal Dennis Lyden Memorial Hwy/SC‑544 (30,194 VPD) and State Rd S‑26‑1121 (8,867 VPD); New 2024 construction**: 2,223+/- sf building on 0.842+/- acre site
(713) 222-2111 Call to check price and availability
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