3949 Dick Pond Rd, Myrtle Beach, SC 29588-6800
- Warehouses
- 21,800 SF
- 1.62 lot acres
Current Use by Public Records
- K9 Cabana / Kennel & Boarding Facility
Property Details for 3949 Dick Pond Rd
- Year built
- 1996
- Construction
- STEEL FRAME
- Lot size
- 1.62 lot acres
- Zone code
- HC
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 448-06-02-0022
- APU
- 44806020022
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 5, 2024 | — | Sbs Sc Shore 2021 LLC | — | Deed · related | $485M · Bank Of America |
| Sep 22, 2022 | — | Sbs Sc Shore 2021 LLC | — | Deed · related | $462.5M · Bank Of America |
| May 5, 2021 | $1,212,300 | Sbs Sc Shore 2021 LLC | Hwy 544 Mega Storage LLC | Warranty Deed | — |
| Apr 27, 2020 | — | Hwy 544 Mega Storage LLC | — | Deed · related | $1M · Coastal Carolina Nat'l Bk |
| Dec 22, 2015 | — | Hwy 544 Mega Storage LLC | Johnson & Wellons LLC | Grant Deed · related | — |
| Sep 3, 2014 | $800,000 | Johnson & Wellons LLC | Britt E Ware | Grant Deed | $700k · Britt E Ware |
| Dec 29, 2004 | — | Ware,britt E | Charlene Ware | Quit Claim Deed · related | — |
| Dec 29, 2003 | — | Britt E Ware | — | Grant Deed · related | — |
| — | — | Britt E Ware | — | Loan Modification · related | $1.1M · Coastal Carolina Nat'l Bk |
| — | — | Ware,britt E | — | Deed Of Trust · related | $370k · Coastal Carolina Nat'l Bk |
| — | — | Key Lock Storage INC | — | Loan Modification · related | $100k · Coastal Carolina Nat'l Bk |
| — | — | Key Lock Storage INC | — | Loan Modification · related | $100k · Coastal Carolina Nat'l Bk |
| — | — | Ware,britt E | — | Deed Of Trust · related | $800k · Coastal Carolina Nat'l Bk |
| — | — | Ware,britt E | — | Deed Of Trust · related | $400k · Coastal Carolina Nat'l Bk |
| — | — | Hwy 544 Mega Storage LLC | — | Deed Of Trust · related | $1M · Coastal Carolina Nat'l Bk |
Description
This exceptional investment opportunity presents a fee-simple ownership of two buildings totaling 10,000 square feet, situated on a 0.4-acre lot at 3949 and 3951 Dick Pond Rd, Myrtle Beach, SC 29588. The property boasts a brand-new, 15-year NNN lease with Destination Pet, a leading national pet healthcare provider with over 180 locations. The lease includes a corporate guarantee and attractive 2% annual rent bumps, ensuring consistent cash flow growth. Built in 1998, this property benefits from a 7.00% cap rate and a $2,664,657 asking price, translating to $266.47 per square foot. The property enjoys 100% occupancy and is strategically located along Hwy 544, a high-traffic area with excellent visibility, benefiting from Myrtle Beach's robust tourism and population growth. The location's proximity to Myrtle Beach International Airport further enhances its appeal. The lease offers three, five-year extension options, providing long-term stability and security for the investor. This recession-resistant investment is further strengthened by the projected growth of the global pet services market, expected to reach $142 billion by 2025. The property's prime location and strong tenant provide a compelling investment opportunity with significant long-term potential.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,925,000
- ML approach
- $1,945,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,360,000
- AI Estimate
- $1,241,000
Market price range: $2.36M - $5.05MMarket price range: $1.24M - $3.14M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Myrtle Beach
- County
- Horry
- State
- South Carolina
- Longitude
- -78.9958
- Latitude
- 33.6621
- CBSA code
- 34820
- CBSA name
- MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA
