8703 Hwy 17 Byp South Park Ctr Surfside Beach, SC 29575
This 1,500 square foot retail space is located at 8703 S Highway 17 Bypass, Unit E, in Surfside Beach, South Carolina, 29575. Situated within South Park Center, an established retail strip center, this property benefits from high visibility and traffic counts. The space features an open retail/showroom area, a rear storage area, two restrooms, storefront signage, and access to lighted pylon signage on Highway 17 Bypass. The center boasts a strong tenant mix including Bonefish Grill, Dunkin' Donuts, T-Mobile, and several other established businesses. This location enjoys exceptional access to Highway 17 Bypass and Highway 544, a major retail corridor in the Myrtle Beach MSA. The property is conveniently located near the Sayebrook Town Center and Market Common District. The area boasts a substantial population base, with over 100,000 residents within a five-mile radius. The average daily traffic count on Highway 17 Bypass is 46,300 vehicles. Further enhancing the property's appeal is its proximity to a recently completed 324-unit apartment complex, providing a significant increase in potential customers. The property also benefits from a new internal road improving access to the traffic signal on Coventry Road. The 4.95-acre lot offers ample space and potential for future development. This is a rare opportunity to secure a retail space in a thriving commercial area with high visibility and strong demographics.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.