NNN Leased Car Wash
For Sale
$7,700,000
8671 U.S 17, Myrtle Beach, SC 29575
Long-term NNN lease with zero landlord responsibilities.
Property Size3,405 SF
Price / SF$2,261
Days on Market220
Property Features for 8671 U.S 17
General Information
Standard status
Active
Size
3,405 SF
Property subtype
Retail
Listing Agency:
CBRE - South Bay
Listed By:
Nate Barnes · License #01908103
(818) 255-8865
Source:
Cbre
Added: Mar 25
Changed: Oct 25
Last Checked: Oct 28 at 5:56AM
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 CBRE - South Bay
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Investment Insights
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This property is subject to an absolute triple net (NNN) lease with Whistle Express Car Wash, with over 17 years of lease term remaining. The tenant is responsible for all management obligations, including property taxes, insurance, and all repairs and maintenance, including the roof and structure. The lease includes 2% annual rental increases. The property benefits from its location within a strong retail area near shopping centers and major national retailers, including Surfside Commons Shopping Mall, anchored by Walmart Supercenter, and a major power center featuring Lowe’s, Kohl’s, Ross Dress for Less, PetSmart, and Office Depot. Other retailers in the vicinity include Target, Marshalls, ALDI, 7-Eleven, and Dollar Tree. The property qualifies for accelerated and bonus depreciation and offers excellent site-level visibility. The lease is corporately guaranteed by the largest car wash operator in the US. The property size is 3405 square feet.
Key Highlights
- Long‑term Absolute Triple Net (NNN) Lease with over 17 years remaining. Zero landlord responsibilities.
- Corporate Guaranty from the largest car wash operator in the US.
- Benefit from 2% annual rental increases built into the lease.
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
342
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 64%
Electronics 29%
Home Improvements & Furnishings 7%
LifeWay Christian Store
Shops & Services
5,048 visits/mo
0.5 miles
T-Mobile
Electronics
2,988 visits/mo
0.5 miles
Pearle Vision
Shops & Services
1,423 visits/mo
0.4 miles
Daltile Sales Service Center
Home Improvements & Furnishings
723 visits/mo
0.2 miles
Demographics for 29575, SC
18,135
Population
16,761
Households
1.1
Avg Household Size
57
Median Age
33%
College-Educated
96%
High-School Grad
10.2 sq mi
ZIP Area
1,778
Density / Sq Mi
$72,029
Median Household Income
$38,182
Median Earnings
$1,234
Median Rent
$278,800
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Car wash - Long-term NNN lease with zero landlord responsibilities.
Where is this car wash located?
The property is located at 8671 U.S 17 Myrtle Beach, SC.
What is the asking price?
The asking price for this property is $7,700,000.
What are key features of this property?
This property features: Long‑term Absolute Triple Net (NNN) Lease with over 17 years remaining. Zero landlord responsibilities.; Corporate Guaranty from the largest car wash operator in the US.; Benefit from 2% annual rental increases built into the lease.
