Grocery Store with NNN
489 Lake Arrowhead Rd, Myrtle Beach, SC 29572
For Sale
Contact for pricing
A long-term NNN lease includes scheduled annual rent increases.
Property Size2,770 SF
Lot Size0.47 Acres
Price / SF$1,066
Days on Market42
Property Features for 489 Lake Arrowhead Rd
General Information
Standard status
Size
Lot size
Property subtype
Automotive
Automotive Uses
Convenience Store
Tenancy & Operations
Tenant in Place
In-Place Lease Type
Real Estate Included
Building Details
Tenancy
Listing Agency:
SURMOUNT
Listed By:
Glen Kunofsky · License #NY 49KU1129178
(332) 345-4222
Source:
Crexi
Added: Sep 29
Changed: Nov 8
Last Checked: Nov 8 at 5:21PM
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 SURMOUNT
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Investment Insights
Based on property information with market context.
The grocery and convenience store property at 489 Lake Arrowhead Rd in Myrtle Beach, South Carolina, includes approximately 2,770 rentable square feet on an estimated 0.47-acre parcel. The site is leased on a 30-year triple-net basis, with the lease commencing March 27, 2008. Scheduled rent increases are 2.00% annually.
Key Highlights
- Approximately 2,770 rentable square feet of building space
- Estimated 0.47‑acre parcel
- 30‑year NNN lease commenced 3/27/2008, with 2.00% annual increases
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
BP
Shops & Services
4,507 visits/mo
0.1 miles
Shell
Shops & Services
3,548 visits/mo
0.5 miles
Demographics for 29572, SC
10,711
Population
14,313
Households
0.7
Avg Household Size
57
Median Age
43%
College-Educated
95%
High-School Grad
8.9 sq mi
ZIP Area
1,203
Density / Sq Mi
$75,388
Median Household Income
$36,121
Median Earnings
$1,148
Median Rent
$385,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- ATM (Kangaroo Express) — 9593 N Kings Hwy, Myrtle Beach, SC 29572
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A long-term NNN lease includes scheduled annual rent increases.
Where is this grocery and convenience store located?
The property is located at 489 Lake Arrowhead Rd Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $2,953,134.
What are key features of this property?
This property features: Approximately 2,770 rentable square feet of building space; Estimated 0.47‑acre parcel; 30‑year NNN lease commenced 3/27/2008, with 2.00% annual increases
