Bank Property with Absolute NNN
7815 N Kings Hwy Myrtle, Myrtle Beach, SC 29572
For Sale
New
$3,226,000
The site occupies a signalized-corner outparcel beside a grocery-anchored shopping center on North Kings Highway.
Property Size3,240 SF
Days on Market2
Property Features for 7815 N Kings Hwy Myrtle
General Information
Standard status
Size
Property subtype
Site & Location
Corner Location
Traffic Count
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Tenancy
Listing Agency:
CP Partners
Listed By:
Justin Stark · License CA #01856228
(415) 274-2706
Source:
Cppcre
Added: Nov 12
Last Checked: Nov 12 at 2:25PM
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 CP Partners
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Investment Insights
Based on property information with market context.
At 7815 N Kings Hwy in Myrtle Beach, this bank property was built in 1990 and is subject to a 20-year absolute NNN ground lease with Fifth Third Bank. The lease provides for 10% rental increases every five years, with no landlord maintenance or expense responsibilities stated.
The property sits on a signalized-corner outparcel at the entrance to a grocery-anchored shopping center and fronts North Kings Highway (U.S. 17 Business). The corridor carries 21,665 vehicles per day. Village Shops at Grande Dunes, a Publix-anchored center with Chipotle and Starbucks, is south of the site.
The property sits on a signalized-corner outparcel at the entrance to a grocery-anchored shopping center and fronts North Kings Highway (U.S. 17 Business). The corridor carries 21,665 vehicles per day. Village Shops at Grande Dunes, a Publix-anchored center with Chipotle and Starbucks, is south of the site.
Key Highlights
- 20‑year absolute NNN ground lease with Fifth Third Bank
- 10% rental increases every 5 years
- Signalized‑corner outparcel at the entrance to a grocery‑anchored shopping center
Property Analytics
Who owns this building?
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Current Use
Lease Details
21,665 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
911
Businesses Nearby
164k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 40%
Dining 35%
Shops & Services 17%
Hotels & Casinos 5%
Publix
Groceries
33,011 visits/mo
0.1 miles
McDonald's
Dining
19,048 visits/mo
0.2 miles
Food Lion Grocery Store
Groceries
15,498 visits/mo
0.2 miles
Bojangles' Famous Chicken 'n Biscuits
Dining
13,030 visits/mo
0.3 miles
The Fresh Market
Groceries
12,965 visits/mo
0.1 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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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Bank - The site occupies a signalized-corner outparcel beside a grocery-anchored shopping center on North Kings Highway.
Where is this bank located?
The property is located at 7815 N Kings Hwy Myrtle Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $3,226,000.
What are key features of this property?
This property features: 20‑year absolute NNN ground lease with Fifth Third Bank; 10% rental increases every 5 years; Signalized‑corner outparcel at the entrance to a grocery‑anchored shopping center
