1/38

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1/38

Little River, SC 29566
Asking Price
$2.00M
Asset Type
Retail
Class
Class B

What's Special

Located at 1/38 in Little River, South Carolina, this retail property sits within a coastal community characterized by a blend of residential neighborhoods and commercial hubs. The site offers proximity to the Intracoastal Waterway and is situated near established local businesses, dining establishments, and recreational marinas. Access to the property is facilitated by its position near Highway 17, a major regional thoroughfare connecting Little River to the greater Grand Strand area and nearby North Myrtle Beach. The property is suited for a variety of retail applications, including boutique storefronts, professional service centers, or specialty showrooms. The location’s layout and regional connectivity make it an appropriate fit for local entrepreneurs or regional retailers seeking to serve the year-round resident population and seasonal visitors. Typical tenants may include neighborhood convenience providers, small-scale fitness studios, or retail offices requiring a visible physical presence within the South Brunswick Islands submarket.

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.414
Annual Cash Flow
$-38,732.968

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