Recently Renovated Medical Office
4310 Highway 17 Business Unit 103, Murrells Inlet, SC 29576
For Sale
Contact for pricing
The suite has access to shared patient amenities, dedicated service elevators, and building-wide parking.
Property Size23,690 SF
Price / SF$0.34
Days on Market143
Property Features for 4310 Highway 17 Business Unit 103
General Information
Standard status
Size
Class
Elevators
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Condition
Property Use
Amenities
shared lobby with coffee bar and beverage station
monument signage
Cosatron Air Purification System
Sentry 30 Security System
automatic water shut-off system
Listing Agency:
NAI The Litchfield Company
Listed By:
Abernethy & Jones Commercial Group · License #1033
(843) 979-6754
Source:
Thenelsonteamsc
Added: Jun 18
Changed: Nov 6
Last Checked: Nov 6 at 2:01PM
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 NAI The Litchfield Company
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Investment Insights
Based on property information with market context.
Suite 103 contains 3,557 square feet within a recently renovated medical office building in Murrells Inlet. The shared lobby includes a coffee and beverage station, and the building has separate patient and service elevators. Building systems include a Sentry 30 Security System, an automatic water shut-off feature for after-hours periods, and a Cosatron air purification system. Monument signage is available, and the property has approximately 160 parking spaces.
A surgery center is being built on the second floor. Plans call for nine pre-operative beds, nine post-operative recovery beds, and three operating rooms, including one lead-lined suite. The property is at 4310 Highway 17 Business in Murrells Inlet, South Carolina.
A surgery center is being built on the second floor. Plans call for nine pre-operative beds, nine post-operative recovery beds, and three operating rooms, including one lead-lined suite. The property is at 4310 Highway 17 Business in Murrells Inlet, South Carolina.
Key Highlights
- 3,557‑square‑foot medical office suite, recently renovated
- Approximately 160 parking spaces at the building
- Shared lobby with coffee and beverage station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$289,966
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,799,320
$5.8M
Cap Rate 7%
$4,142,371
$4.1M
Cap Rate 9%
$3,221,844
$3.2M
Market Conditions
NOI Build-Up for 23,690 SF
Gross rent
$454.8K $19.20/SF
− Vacancy
−$68.2K −$2.88/SF
EGI
$386.6K $16.32/SF
− OpEx
−$96.7K −$4.08/SF
NOI
$290.0K $12.24/SF
Area
Horry County, SC
Vacancy
15.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,799,320
Cap Rate 7%
$4,142,371
Cap Rate 9%
$3,221,844
Alternative Uses
Best Use
Healthcare Medical
$5.06M
$4.43M – $5.90M
NOI $354,227 @ 7.0% cap · market cap 4,427.84%
Second Best
Office B
$4.14M
$3.62M – $4.83M
NOI $289,966 @ 7.0% cap · market cap 3,624.58%
Theoretical Best
Office A
$6.00M
$5.25M – $7.00M
NOI $420,280 @ 7.0% cap · market cap 5,253.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 29576, SC
32,476
Population
22,097
Households
1.5
Avg Household Size
61
Median Age
32%
College-Educated
96%
High-School Grad
30.5 sq mi
ZIP Area
1,065
Density / Sq Mi
$70,343
Median Household Income
$36,352
Median Earnings
$1,467
Median Rent
$315,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Horry County, SC
Properties on Market for Medical Office Space in Horry County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The suite has access to shared patient amenities, dedicated service elevators, and building-wide parking.
Where is this medical office space located?
The property is located at 4310 Highway 17 Business Unit 103 Murrells Inlet, SC.
What are key features of this property?
This property features: 3,557‑square‑foot medical office suite, recently renovated; Approximately 160 parking spaces at the building; Shared lobby with coffee and beverage station
