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Freestanding Office Building in Myrtle Beach
For Lease
$10,632/Mo

1051 Shine Ave., Myrtle Beach, SC 29577

Office building in The Market Common District for rent.

Space SizeContact for details
Days on Market171

Property Features for 1051 Shine Ave.

General Information

Standard status Active

Building Details

Year Built 1960
Listing Agency: CB Sea Coast Commercial
Listed By: Drew Parks · License #22382
Source: Honorableservicerealty
Added: Mar 27 Changed: Sep 10 Last Checked: Sep 13 at 2:03PM

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 CB Sea Coast Commercial

Investment Insights

Based on property information with market context.

This freestanding office building is located at the corner of Shine Ave and Knoles St within The Market Common District. The space includes more than 10 offices, multiple storage rooms, and two restrooms. The property is zoned LM (Light Manufacturing) by the City of Myrtle Beach, allowing for various uses such as medical, educational, retail/wholesale, health club, restaurant, and manufacturing. The Market Common District is a lifestyle center featuring upscale retail, restaurants, and entertainment, surrounded by high-density residential areas, walking trails, sports facilities, and medical facilities including the VA Medical Center and Tidelands Health. The permanent population within a 5-mile radius is 90,868.

Key Highlights

  • Premier location within The Market Common District, Myrtle Beach's upscale lifestyle center.
  • Versatile LM (Light Manufacturing) Zoning permits a wide range of uses.
  • Freestanding office building with 10+ offices, multiple storage rooms, and two restrooms.

Property Analytics

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Current Use

Vacation Villas at FantasyWorld ... Hotel & Motel Bluebeard's Castle Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Building Supply Dental Office Electrical Service Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

447
Businesses Nearby

Demographics for 29577, SC

34,109
Population
22,630
Households
1.5
Avg Household Size
48
Median Age
30%
College-Educated
91%
High-School Grad
22.8 sq mi
ZIP Area
1,496
Density / Sq Mi
$48,561
Median Household Income
$33,591
Median Earnings
$1,130
Median Rent
$273,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Myrtle Beach, SC

$25.1 /SF/Yr
Avg Asking Price
$20–$28.5 /SF/Yr
Price Range
11,319 SF
Avg Space Size

This space is priced 20% below the average of $25.1 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building in The Market Common District for rent.
Where is this office building located?
The property is located at 1051 Shine Ave. Myrtle Beach, SC.
What is the lease rate?
The lease rate is $10,632/Mo.
What are key features of this property?
This property features: Premier location within The Market Common District, Myrtle Beach's upscale lifestyle center.; Versatile LM (Light Manufacturing) Zoning permits a wide range of uses.; Freestanding office building with 10+ offices, multiple storage rooms, and two restrooms.
More about this property
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