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10-Office Suite
For Lease
$2,455/Mo

2431 E Highway 501, Conway, SC 29526

The divisible workspace is arranged across ten offices for flexible office use.

Space SizeContact for details
Property Size2,011 SF
Days on Market872

Property Features for 2431 E Highway 501

General Information

Standard status Active
Size 2,011 SF
Zoning GC
Lease Term 36 Months

Space & Availability

Divisible Yes
Space Use Office
Private Offices 10

Additional Details

Highway Access Yes

Amenities

Handicap Access

Building Details

Building Size 2,011 SF
Year Built 1985
Stories 1
Units 1
Listing Agency: Gabriel Financial Real Estate
Listed By: Timothy H. Gabriel · License #10663
Source: Gabrielfinancial
Added: Jun 4, 2024 Changed: Oct 23 Last Checked: Oct 23 at 5:57PM

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 Gabriel Financial Real Estate

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Investment Insights

Based on property information with market context.

This 2,011-square-foot office unit at The Hub was built in 1985 and contains 10 offices. The space can be divided, and the property is zoned GC.

The office is situated on E Highway 501 in Conway, with access to Highways 544, 17, and 31. Nearby destinations include Coastal Carolina University, Horry Georgetown Technical College, medical facilities, Tanger Outlets, car dealerships, and commercial developments. Myrtle Beach and Carolina Forest are also identified as nearby areas.

Key Highlights

  • 2,011 SF office unit
  • 10 offices; space can be divided
  • GC zoning

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office HVAC Service Electrical Service Garden Center

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

562
Businesses Nearby

Demographics for 29526, SC

51,403
Population
20,301
Households
2.5
Avg Household Size
40
Median Age
23%
College-Educated
89%
High-School Grad
175.0 sq mi
ZIP Area
294
Density / Sq Mi
$66,490
Median Household Income
$28,341
Median Earnings
$943
Median Rent
$232,100
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 Conway, SC

$34.32 /SF/Yr
Avg Asking Price
$14.5–$98.12 /SF/Yr
Price Range
7,733 SF
Avg Space Size

This space is priced 57% below the average of $34.32 /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

Frequently Asked Questions

What type of property is this?
Office unit - The divisible workspace is arranged across ten offices for flexible office use.
Where is this office unit located?
The property is located at 2431 E Highway 501 Conway, SC.
What is the lease rate?
The lease rate is $2,455/Mo.
What are key features of this property?
This property features: 2,011 SF office unit; 10 offices; space can be divided; GC zoning
More about this property
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