1401 Coventry Rd Myrtle Beach SC 29575

$5,178,585Listing # 30796636

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Remarks

Oswald Cooke & Associates is pleased to offer a corporate 15-Year NNN 7-Eleven, located in Surfside Beach, South Carolina (Myrtle Beach MSA).   The store is set to open in June 30, 2022 and offers the investor 10 rent escalations every 5th year, including all options. The site is located at the intersection of Bypass 17 (38,400 VPD) and Coventry Road in Surfside Beach, a rapidly growing submarket of Myrtle Beach. The site has experienced a 39 population growth (five miles) over the past ten years.  Other national retailers in the area include Lowe's, Kohls, Walmart, California Dreaming, Aldi, Panera Bread, Petsmart, Arby''s, Starbucks, Dunkin'' Donuts, Bonefish Grill, and many others.   7-Eleven has a standard and Poor’s bond rating of AA-, and with 9,500+ stores in the US, and is the nation’s largest convenience store chain. They are located in eighteen countries and produced over $99.7 billion in revenue in 2019.  

Basic Features

  • City Name: Myrtle Beach
  • County: Horry
  • State: SC
  • Property Type: Retail
  • Postal Code: 29575

Additional Features

  • Date Modified: 2022-08-06T11:29:47
  • Property Status: Proposed
  • Status: Active
  • Sale Price Min: $5,178,585
  • Sale Price Min Total: $5,178,585
  • Tax Id: 185-00-02-144
  • Title: 7-Eleven Myrtle Beach MSA 15-Year NNN

Property Subtype

  • Convenience Store
  • Retail-Pad
  • Service Station/Gas Station
  • Vehicle Related
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