2875 Us-501 Conway, SC 29526
- Retail properties
Current Use by Public Records
- Retail properties
Property Details for 2875 Us-501
- Property type
- Retail properties
Description
Conway Coastal Marketplace offers exceptional retail investment potential in Conway, South Carolina. This proposed development boasts 14 available spaces ranging from 1,200 to 139,100 square feet, catering to a variety of tenant needs. Strategically located along high-traffic US-501 at the signalized intersection of Gardner Lacy Road, the property offers convenient access with one entrance on US-501 and two on Gardner Lacy Road. The ongoing US-501 widening project will further enhance visibility and accessibility with the addition of a new traffic light providing direct access to the shopping center. This development is ideally positioned to benefit from significant growth in the area, including the planned construction of 1,600 multi-family units directly adjacent to the property. The location also enjoys close proximity to Coastal Carolina University (10,500 students) and Horry Georgetown Technical College, ensuring a robust and consistent customer base. Conway's impressive 2.35% growth rate underscores the strong potential for long-term returns. This is a rare opportunity to secure prime retail space within a thriving and expanding market in the Myrtle Beach MSA, offering anchor, junior anchor, and outparcel opportunities. The combination of high visibility, convenient access, and proximity to major educational institutions and residential development makes this a truly compelling investment prospect.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Conway
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9837
- Latitude
- 33.78
