Retail End-Cap with
For Sale
Contact for pricing
2307 South Kings Hwy., Myrtle Beach, SC 29577
An open retail layout includes high ceilings, LED lighting, and a rear sink area with a grease trap.
Property Size1,600 SF
Price / SF$1.56
Days on Market78
Property Features for 2307 South Kings Hwy.
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Retail
Site & Location
End Cap
Yes
Traffic Count
22,600 vehicles/day
Amenities
large showroom
high ceilings with LED lighting
ADA-compliant restroom
three-compartment sink
hand sink
under-sink grease trap
Listing Agency:
Tradd Commercial
(843) 839-9777
Listed By:
Brad Davis · License #88416
(843) 340-7985
Source:
Thenelsonteamsc
Added: Aug 17
Changed: Nov 2
Last Checked: Nov 2 at 2:40AM
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 1,600-square-foot retail suite is configured as an end-cap with an open showroom, high ceilings, and LED lighting. An ADA-compliant restroom serves the space, while the rear area has a three-compartment sink, a hand sink, and an under-sink grease trap. These built-in features support a range of retail or food-service uses, subject to the stated restrictions: smoke shops and liquor stores are not permitted.
The property is on South Kings Highway in Myrtle Beach, next to I Heart MB Resortwear. Traffic counts for the roadway are approximately 22,600 vehicles per day, based on 2025 SCDOT data.
The property is on South Kings Highway in Myrtle Beach, next to I Heart MB Resortwear. Traffic counts for the roadway are approximately 22,600 vehicles per day, based on 2025 SCDOT data.
Key Highlights
- 1,600‑square‑foot end‑cap retail suite with an open showroom
- High ceilings and LED lighting
- ADA‑compliant restroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,325
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,500
$466.5K
Cap Rate 7%
$333,214
$333.2K
Cap Rate 9%
$259,167
$259.2K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.2K $21.36/SF
− Vacancy
−$854 −$0.53/SF
EGI
$33.3K $20.83/SF
− OpEx
−$10.0K −$6.25/SF
NOI
$23.3K $14.58/SF
Area
Horry County, SC
Vacancy
2.50%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$466,500
Cap Rate 7%
$333,214
Cap Rate 9%
$259,167
Alternative Uses
Best Use
Retail
$333.2K
$291.6K – $388.8K
NOI $23,325 @ 7.0% cap · market cap 933.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$405.5K
$354.8K – $473.1K
NOI $28,385 @ 7.0% cap · market cap 1,135.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
22,600 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
29k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 77%
Hotels & Casinos 18%
Shops & Services 5%
McDonald's
Dining
17,097 visits/mo
0.3 miles
Waffle House
Dining
4,975 visits/mo
0.5 miles
Residence Inn Myrtle Beach Oceanfront
Hotels & Casinos
3,821 visits/mo
0.4 miles
76
Shops & Services
1,342 visits/mo
0.3 miles
Red Roof Inn
Hotels & Casinos
1,282 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An open retail layout includes high ceilings, LED lighting, and a rear sink area with a grease trap.
Where is this retail space located?
The property is located at 2307 South Kings Hwy. Myrtle Beach, SC.
What are key features of this property?
This property features: 1,600‑square‑foot end‑cap retail suite with an open showroom; High ceilings and LED lighting; ADA‑compliant restroom
