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Walgreens Drugstore with NNN Lease
For Sale
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7800 N Kings Hwy, Myrtle Beach, SC 29572

Drugstore property near beach resorts with a net lease structure and established retail surroundings.

Property SizeContact for details
Days on Market144

Property Features for 7800 N Kings Hwy

General Information

Standard status Active
Property subtype Retail

Additional Details

Corner Location Yes
Listing Agency: Deerfield Partners
Listed By: Art Griffith · License #CA 01400709
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 9:55PM

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 Deerfield Partners

Investment Insights

Based on property information with market context.

This Walgreens drugstore is offered with a net lease structure, rent bumps, a five-year option structure, and a full Walgreens guaranty. The property is located at 7800 N Kings Hwy in Myrtle Beach, South Carolina, a few blocks from the beach.

The site sits at the junction of 79th and Kings Highway, identified as the main arterial for the surrounding trade area. Nearby retail anchors include Food Lion, Publix, Dollar General, and Fresh Market, while numerous resorts are located along the beach strand. Grand Strand Hospital, a 371-bed facility, is approximately one mile away and is among the medical users serving the area.

Key Highlights

  • Walgreens drugstore with full Walgreens guaranty
  • NNN lease structure with rent bumps and a five‑year option structure
  • Located at 7800 N Kings Hwy, Myrtle Beach, SC 29572

Property Analytics

Current Use

Walgreens Pharmacy Pharmacy Walgreens Photo (Bike/Boat/Book/etc) Store Walgreens Cosmetic Store Samantha T. Haaland, ... Pharmacy Donald G. Pick ... Pharmacy

Suggested Use

Top Pick Auto Repair Shop Building Supply Electrical Service Auto Parts Store Bakery 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.

Location Intelligence

Trade Area within ½ mile

703
Businesses Nearby
165k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Groceries 40% Dining 34% Shops & Services 17% Hotels & Casinos 5%
Publix Groceries
33,011 visits/mo 0.3 miles
McDonald's Dining
19,048 visits/mo 0.3 miles
Food Lion Grocery Store Groceries
15,498 visits/mo 0.2 miles
Bojangles' Famous Chicken 'n Biscuits Dining
13,030 visits/mo 0.4 miles
The Fresh Market Groceries
12,965 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

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  • Art Bonner 6617 N Kings Hwy, Myrtle Beach, SC 295723012
  • COVID-19 Drive-Thru Testing at Walgreens 7800 N Kings Hwy, Myrtle Beach, SC 29572
  • Thomas P. Budniewski, RPH 7800 N Kings Hwy #1, Myrtle Beach, SC 29572

Frequently Asked Questions

What type of property is this?
Drug store - Drugstore property near beach resorts with a net lease structure and established retail surroundings.
Where is this drug store located?
The property is located at 7800 N Kings Hwy Myrtle Beach, SC.
What are key features of this property?
This property features: Walgreens drugstore with full Walgreens guaranty; NNN lease structure with rent bumps and a five‑year option structure; Located at 7800 N Kings Hwy, Myrtle Beach, SC 29572
More about this property
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