Listing Agency: Avison Young - South Carolina a***@avisonyoung.com Show Phone

Listed By: Alex Irwin · License #86536 Show Phone

Source: Exprealty

Added: Jul 15, 2024 Changed: Jul 25 Last Checked: Jul 30 at 4:45PM

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Investment Insights

Based on property information with market context.

Suite 506 is a 27,000 SF industrial distribution and warehouse suite within Building A at East Coast Industrial Park. The space is fully sprinklered and includes dock facilities, with well lighting and trailer spotlights to support loading and operations. The building is described as being in excellent condition, with some existing office space and the ability to build to suit. Suite sizes are noted as flexible, with various floorplan configurations, and the space would be demised from the rest of the warehouse with chain-link (currently not demised).

East Coast Industrial Park is a privately owned, multiple-building industrial park consisting of four buildings on over 50 acres, zoned Industrial in Horry County. The secured site features a gated entrance and substantial trailer and truck parking.

Operational support includes intermodal options via a short line serviced by RJ Cormin Railroad Group since March 2016, with rail interchange to CSX at Mullins, SC.

Key Highlights

• 27,000 SF Suite 506 in Building A within East Coast Industrial Park at 385 French Collins Rd, Conway, SC
• Industrial park consists of 4 buildings on 50+ acres, zoned Industrial in Horry County
• Warehouse/distribution setup includes full sprinklering and dock facilities

Property Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Dental Office Law Firm Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Nail Salon

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

Sprinkler system

Yes

Fenced yard

NNN (Triple Net)

Lease Type

$1.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

129

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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

Market

Lease Benchmarks for Conway, SC

$24.62 /SF/Yr

Avg Asking Price

$7–$98.12 /SF/Yr

Price Range

15,026 SF

Avg Space Size

This space is priced 72% below the average of $24.62 /SF/Yr.

Properties on Market for Warehouses in Horry County

Jan

Feb

Mar

Apr

May

Jun

Vacancy Rate% for Industrial in South region

6% 2019

6.5% 2020

4% 2021

3.5% 2022

6% 2023

7.6% 2024

7.9% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Warehouse - 27,000 SF suite in Building A with dock facilities, trailer parking, and sprinklered distribution-ready space.

Where is this warehouse located?

The property is located at 506-385 French Collins Rd Conway, SC.

What is the lease rate?

The lease rate is $15,750 /Mo.

What are key features of this property?

This property features: 27,000 SF Suite 506 in Building A within East Coast Industrial Park at 385 French Collins Rd, Conway, SC; Industrial park consists of 4 buildings on 50+ acres, zoned Industrial in Horry County; Warehouse/distribution setup includes full sprinklering and dock facilities