9220 SC-707

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9220 SC-707

Myrtle Beach, SC 29588
Asking Price
$1.45M
Cap Rate
6%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

New 2025 Construction | Explosive Population Growth | Zero Landlord Responsibilities <ul><li>​New 2025 construction</li><li>​Absolute net lease | Zero landlord responsibilities</li><li>​Desirable lease | New 20-year term</li><li>​Great visibility & access from Hwy 707 | 27,800 VPD</li><li>​Explosive population growth within 1-mile | 71.64% from 2010-2025</li><li>​Stable projected population growth over the next 5 years | 15.04% growth within a 1-mile radius</li><li>​Close proximity to new Tidelands Health Carolina Bays Hospital | Planned full-service hospital campus with emergen

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NOI
$80,000
Cap Rate
5.52%
DSCR
0.93
Underwater
Cash-on-Cash
-1.40%
Monthly Payment
$7,173.809
Annual Cash Flow
$-6,085.706

Location & Travel Times