123 Pavilion Dr Little River, SC 29566
This exceptional 542 square foot single-tenant quick-service restaurant building presents a unique investment opportunity. Located on a 0.52-acre outparcel, it features a drive-thru and a walk-up window, ideal for a coffee shop, ice cream parlor, or similar concept. The property boasts convenient access and high visibility, situated near Lowe's Foods, Heartland Dental, and Lowe's Gas, ensuring significant foot and vehicle traffic. All necessary water detention, stormwater management, and entitlements are in place, simplifying the development process. This thriving location at the northern entrance to the Grand Strand serves both Little River, SC, and Calabash, NC, benefiting from a robust population of approximately 44,200 within a 5-mile radius, boasting an average income of $57,200. The area demonstrates impressive population growth, with a 4% increase since 2019 and a remarkable 18% surge since 2016, fueled by numerous new residential developments planned and underway. The high volume of over 14 million annual tourists visiting Little River and Calabash further enhances the property's appeal and potential for strong returns. Rent is negotiable on a NNN basis. This is a rare chance to establish a successful business in a high-growth, high-traffic area.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.