Industrial Flex Space with Drive-In
For Sale
Contact for pricing
1471 Dividend Loop Suite B, Myrtle Beach, SC 29577
Air-conditioned interiors, three-phase power, and a sprinkler system support a range of industrial operations.
Property Size15,000 SF
Price / SF$1.17
Days on Market103
Property Features for 1471 Dividend Loop Suite B
General Information
Standard status
Active
Size
15,000 SF
Property subtype
Industrial
Warehouse & Industrial
Drive-In Doors
2
Three-Phase Power
Yes
Sprinkler System
Yes
Additional Details
Highway Access
Yes
Property Use
Industrial Flex
Building Details
Buildings
1
Building Size
15,000 SF
Listing Agency:
Tradd Commercial
(843) 839-9777
Listed By:
Joseph Ganassa · License #119174
(301) 461-2593
Source:
Thenelsonteamsc
Added: Jul 23
Changed: Nov 2
Last Checked: Nov 2 at 2:45AM
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 Tradd Commercial
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Investment Insights
Based on property information with market context.
This 7,500-square-foot flex suite is part of a 15,000-square-foot industrial building divided into two spaces. The facility has 22-foot eave heights, three-phase power, air conditioning throughout, and a fire-sprinkler system. Two drive-in doors serve loading needs, while the layout allows for subdivision and build-to-suit office options.
The property is in North Industrial Park, across from Myrtle Beach International Airport. Access is available to Highway 17 Bypass, Highway 17 Business, and Highway 31. Coastal Grand Mall and commercial destinations in the Myrtle Beach area are nearby, with the central Grand Strand location serving Myrtle Beach, Conway, and North Myrtle Beach.
The property is in North Industrial Park, across from Myrtle Beach International Airport. Access is available to Highway 17 Bypass, Highway 17 Business, and Highway 31. Coastal Grand Mall and commercial destinations in the Myrtle Beach area are nearby, with the central Grand Strand location serving Myrtle Beach, Conway, and North Myrtle Beach.
Key Highlights
- 7,500‑square‑foot suite within a 15,000 SF building
- Two 7,500sf spaces in a subdividable layout
- 22‑foot eave heights
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$49,097
Suggested Prices Based on Cap Rates
Cap Rate 5%
$981,940
$981.9K
Cap Rate 7%
$701,386
$701.4K
Cap Rate 9%
$545,522
$545.5K
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$80.1K $10.68/SF
− Vacancy
−$4.6K −$0.61/SF
EGI
$75.5K $10.07/SF
− OpEx
−$26.4K −$3.52/SF
NOI
$49.1K $6.55/SF
Area
Horry County, SC
Vacancy
5.70%
Lease Rate
$10.68 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$981,940
Cap Rate 7%
$701,386
Cap Rate 9%
$545,522
Alternative Uses
Best Use
Warehouse
$1.67M
$1.46M – $1.95M
NOI $116,866 @ 7.0% cap · market cap 1,335.61%
Second Best
Industrial
$1.37M
$1.20M – $1.60M
NOI $96,243 @ 7.0% cap · market cap 1,099.92%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,056 @ 7.0% cap · market cap 1,520.64%
Zoning and permitted uses should be independently verified with authorities.
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See the owner, sales and loan history
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Current Use
Lease Details
2
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - Air-conditioned interiors, three-phase power, and a sprinkler system support a range of industrial operations.
Where is this flex space located?
The property is located at 1471 Dividend Loop Suite B Myrtle Beach, SC.
What are key features of this property?
This property features: 7,500‑square‑foot suite within a 15,000 SF building; Two 7,500sf spaces in a subdividable layout; 22‑foot eave heights
