Two-Tenant NNN Retail
For Sale
Contact for pricing
1311 Oak Forest Ln, Myrtle Beach, SC 29577
Freestanding retail investment with corporate-guaranteed leases beside a super-regional shopping center and major retail anchors.
Property SizeContact for details
Days on Market144
Property Features for 1311 Oak Forest Ln
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Anchor Co-Tenants
Belk, Dillard’s, JCPenney, Cinemark Theater, Bed Bath & Beyond, DICK’S Sporting Goods, Books-A-Million
Highway Access
Yes
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
SRS Real Estate Partners Denver
(949) 270-8210
Listed By:
Brian Wolfman · License #CO 100090116
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 1:50PM
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 SRS Real Estate Partners Denver
Investment Insights
Based on property information with market context.
This freestanding retail property was completed in 2007 and is occupied by two established tenants: The Vitamin Shoppe and Men's Wearhouse. Both leases use an NNN structure, and each tenant has more than three years remaining in its initial term. The locations are corporate guaranteed, and both tenants have already exercised their first renewal option. Each lease also includes one additional five-year option, with contractual rent increases at the start of the option period.
The building serves as an outparcel to Coastal Grand Mall, a 1,039,847-square-foot super-regional center with more than 140 stores and anchors including Belk, Dillard’s, JCPenney, and Cinemark Theatre. Access to the site is supported by proximity to U.S. Highway 501, reporting 65,600 VPD, and U.S. Highway 17, reporting 44,700 VPD. Nearby national retailers include Walmart Supercenter, Costco Wholesale, The Home Depot, Best Buy, Michael’s, and HomeGoods.
The building serves as an outparcel to Coastal Grand Mall, a 1,039,847-square-foot super-regional center with more than 140 stores and anchors including Belk, Dillard’s, JCPenney, and Cinemark Theatre. Access to the site is supported by proximity to U.S. Highway 501, reporting 65,600 VPD, and U.S. Highway 17, reporting 44,700 VPD. Nearby national retailers include Walmart Supercenter, Costco Wholesale, The Home Depot, Best Buy, Michael’s, and HomeGoods.
Key Highlights
- Freestanding two‑tenant retail property completed in 2007
- The Vitamin Shoppe and Men's Wearhouse occupy the building
- Both leases are NNN and have more than 3 years remaining in the initial term
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
875k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 25%
Dining 17%
Superstores 16%
Shops & Services 15%
Walmart
Superstores
141,527 visits/mo
0.5 miles
DICK'S Sporting Goods
Apparel
64,521 visits/mo
0.3 miles
Total Wine & More
Groceries
60,681 visits/mo
0.4 miles
Belk
Apparel
60,439 visits/mo
0.1 miles
Cinemark At Myrtle Beach
Leisure
53,543 visits/mo
0.3 miles
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
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding retail investment with corporate-guaranteed leases beside a super-regional shopping center and major retail anchors.
Where is this nnn property located?
The property is located at 1311 Oak Forest Ln Myrtle Beach, SC.
What are key features of this property?
This property features: Freestanding two‑tenant retail property completed in 2007; The Vitamin Shoppe and Men's Wearhouse occupy the building; Both leases are NNN and have more than 3 years remaining in the initial term
