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1478 Sc-544 Conway, SC

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For Sale
$2,850,000

New construction Starbucks with a 15-year net lease.

Property size:
2,223 SF
Lot size:
0.83 Acres

Property Features for 1478 Sc-544

General Information

Size
2,223 SF
Lot size
0.83 Acres

Source: Secure Net Lease - Dallas Agent Edward "Ed" Benton

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


Overview

New Construction Starbucks Investment Property

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.
Location Intelligence

Current Use by Public Records

Coffee shops

Similar Places Nearby

Chauncey's Choice, Einstein Bros. Bagels, Starbucks, Port City Java

Map

City
Conway
County
Horry
State
South Carolina
Longitude
-79.0478143
Latitude
33.8360034

FAQs

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
More about this property
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