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Property summary
This exceptional investment opportunity presents a fee-simple ownership (land and building) of a 18,232 square foot storefront and lab in Myrtle Beach, South Carolina. The property, built in 2001, sits on a 1.49-acre lot and boasts 68 parking spaces. Currently 100% occupied by Grifols Plasma under a triple-net (NNN) lease with 7.4 years remaining, the lease features a 10-year initial term commencing May 1, 2022, and expiring May 1, 2032, with four 5-year renewal options including 10% rental… increases at the start of each option. The lease is guaranteed by Grifols Shared Services North America, Inc., minimizing landlord responsibilities. The property enjoys a strong location on Mr. Joe White Avenue, benefiting from high visibility and daily traffic of 16,200 vehicles. Its proximity to major roadways like US Highway 501 (65,600 VPD) and Robert M Grissom Parkway (28,000 VPD) ensures excellent accessibility. The strategic location within a dense retail area, adjacent to Seaboard Commons (354,000+ sq ft) and near Broadway at the Beach (447,000+ sq ft) and Coastal Grand Mall (1.38M+ sq ft), provides significant synergy with strong national tenants including Target, Lowe's, T.J. Maxx, and others. The property also benefits from a substantial residential population within a 5-mile radius, exceeding 98,900 residents and 55,200 daytime employees, with an average household income of $91,193. The property's current Net Operating Income (NOI) is $293,760, representing a 7.25% cap rate, and the asking price is $4,052,000. The property is zoned HC-1.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 18,232 SF
- Lot area
- 1.49 ac
- Year built
- 2001
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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