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Equipped Freestanding Restaurant
For Lease
$5,000/Mo

409 S Kings Hwy., Myrtle Beach, SC 29577

A standalone restaurant space with equipment in place, highway frontage, and on-site parking.

Space SizeContact for details
Property Size4,425 SF
Days on Market957

Property Features for 409 S Kings Hwy.

General Information

Standard status Active
Size 4,425 SF
Zoning HC

Site & Location

Frontage 225 ft
Traffic Count 28,100 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Space Use Restaurant
Equipment Included Yes

Building Details

Building Size 4,425 SF
Stories 1
Units 1
Listing Agency: CB Sea Coast Commercial
Listed By: Lui Cheng · License #86541
Source: Gabrielfinancial
Added: Mar 12, 2024 Changed: Oct 23 Last Checked: Oct 23 at 4:05PM

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

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Investment Insights

Based on property information with market context.

This freestanding restaurant property is offered for lease with equipment in place. It is zoned HC and includes on-site parking, supporting a restaurant use in a standalone setting.

The property fronts South Kings Highway, with approximately 225 feet along the road and an average daily traffic count of 28,100, based on SCDOT 2022 data. Family Kingdom Fun Park is next door, while the beach, hotels, motels, SkyWheel, and Myrtle Beach International Airport are identified nearby.

Key Highlights

  • Freestanding restaurant offered for lease with equipment in place
  • Approximately 225 feet of frontage on South Kings Highway
  • Average daily traffic count of 28,100 (SCDOT 2022)

Property Analytics

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Current Use

Ho Wah Restaurant

Suggested Use

Top Pick Dental Office HVAC Service Pharmacy Storage Facility Electrical Service Veterinary Clinic

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

28,100 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$2.03 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

819
Businesses Nearby
65k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 52% Shops & Services 48% Apparel 1%
Dollar Tree Shops & Services
8,709 visits/mo 0.2 miles
Dollar General Shops & Services
7,073 visits/mo 0.4 miles
Exxon Shops & Services
6,342 visits/mo 0.2 miles
Denny's Dining
5,621 visits/mo 0.3 miles
Waffle House Dining
5,460 visits/mo 0.4 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
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Market

Lease Benchmarks for Myrtle Beach, SC

$26.98 /SF/Yr
Avg Asking Price
$13.56–$40.08 /SF/Yr
Price Range
7,762 SF
Avg Space Size

This space is priced 50% below the average of $26.98 /SF/Yr.

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Dip It Fondue — 500 N Kings Hwy, Myrtle Beach, SC 29577

Frequently Asked Questions

What type of property is this?
Restaurant - A standalone restaurant space with equipment in place, highway frontage, and on-site parking.
Where is this restaurant located?
The property is located at 409 S Kings Hwy. Myrtle Beach, SC.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: Freestanding restaurant offered for lease with equipment in place; Approximately 225 feet of frontage on South Kings Highway; Average daily traffic count of 28,100 (SCDOT 2022)
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