Retail Space
4300 Highway 17 South North Myrtle Beach, SC 29582
Details & Description
Price: $5,277,778
    Marcus & Millichap is pleased to present for sale this Absolute Net Leased Walgreens located at 4300 Highway 17 South in North Myrtle Beach, South Carolina. The subject property consists of a free-standing building comprised of 14,490 square feet of retail space and is situated on a large 1.91-acre parcel of land. Strategically located on the Hard-Signalized Intersection of Highway 17 and Windy Hill Road, the property is highly visible to more than 47,300 vehicles per day. The property is also conveniently located at the entrance of Barefoot Resort & Golf a 2,300-acre resort comprised of 4 premier golf courses and premium resort-style communities along the intracoastal. The property is also within proximity of the Barefoot Landing Waterfront Shopping Center which includes 54 Shops, 15 Restaurants and the Alabama Theater for Live Entertainment. The Grand Strand Airport, which sees over 46,000 flights a year, is also just a few minutes away. The immediate trade area proves to be a strong retail corridor with numerous national and regional tenants its vicinity. Walgreens recently executed a five year extension at this site. With a long historical occupancy at this site, Walgreens has shown a strong commitment to the location. The Absolute-Net lease is guaranteed by Walgreens Boots Alliance. Walgreens (NYSE: WBA) is a publicly traded company with an S&P Credit Rating of BBB and is ranked #19 in the Fortune 500 (2020). Walgreen Co. operates over 9,275 stores in all 50 states, the District of Columbia, Puerto Rico and Guam. The company also operates worksite health centers, home care facilities, and specialty and mail service pharmacies.
    Property Highlights
     14 Million Annual Visitors and Named 1 Spot by Trip Advisor for a Summer Destination
     Hard Corner Signalized Intersection Exposure to More than 49,000 Vehicles Per Day
    Listing Agents
    Gabriel Britti

    O: 786-522-7017
    gabriel.britti@marcusmillichap.com
    Ronnie Issenberg
    Marcus & Millichap
    O: 786-522-7013
    ronnie.issenberg@marcusmillichap.com
    Ricardo Esteves
    Marcus & Millichap
    O: 786-522-7054
    ricardo.esteves@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    4300 Highway 17 South

    North Myrtle Beach, SC 29582

    Listing ID: 275831
    • 4300 Highway 17 South North Myrtle Beach, SC 29582 | for Sale | Photo 1
    • 4300 Highway 17 South North Myrtle Beach, SC 29582 | for Sale | Photo 2
    • 4300 Highway 17 South North Myrtle Beach, SC 29582 | for Sale | Photo 3
    4300 Highway 17 South | for Sale | Thumbnail 1
    4300 Highway 17 South | for Sale | Thumbnail 2
    4300 Highway 17 South | for Sale | Thumbnail 3
    Building Size: 14,490 SF
    Lot Size: 1.910 AC
    Land Size: 100,187 SF
    Building $/SF: $364.24
    Land $/SF: $52.68
    Price
    $5,277,778
    Property Highlights
    14 Million Annual Visitors and Named 1 Spot by Trip Advisor for a Summer Destination
    Hard Corner Signalized Intersection Exposure to More than 49,000 Vehicles Per Day
    Absolute NNN Lease Recent Lease Extension More than 6 Years Remain
    Located at the Entrance to Barefoot Resort, a 2,300 Acre Golf Resort
    Located 5 Minutes from The Grand Strand Airport
    Walgreens is considered an Essential Tenant
    Description

    Marcus & Millichap is pleased to present for sale this Absolute Net Leased Walgreens located at 4300 Highway 17 South in North Myrtle Beach, South Carolina. The subject property consists of a free-standing building comprised of 14,490 square feet of retail space and is situated on a large 1.91-acre parcel of land. Strategically located on the Hard-Signalized Intersection of Highway 17 and Windy Hill Road, the property is highly visible to more than 47,300 vehicles per day. The property is also conveniently located at the entrance of Barefoot Resort & Golf a 2,300-acre resort comprised of 4 premier golf courses and premium resort-style communities along the intracoastal. The property is also within proximity of the Barefoot Landing Waterfront Shopping Center which includes 54 Shops, 15 Restaurants and the Alabama Theater for Live Entertainment. The Grand Strand Airport, which sees over 46,000 flights a year, is also just a few minutes away. The immediate trade area proves to be a strong retail corridor with numerous national and regional tenants its vicinity. Walgreens recently executed a five year extension at this site. With a long historical occupancy at this site, Walgreens has shown a strong commitment to the location. The Absolute-Net lease is guaranteed by Walgreens Boots Alliance. Walgreens (NYSE: WBA) is a publicly traded company with an S&P Credit Rating of BBB and is ranked #19 in the Fortune 500 (2020). Walgreen Co. operates over 9,275 stores in all 50 states, the District of Columbia, Puerto Rico and Guam. The company also operates worksite health centers, home care facilities, and specialty and mail service pharmacies.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     

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    North Myrtle Beach Area Market Trends

    Listing Demographics for 4300 Highway 17 South North Myrtle Beach, SC 29582

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 4300 Highway 17 South in North Myrtle Beach?
    The asking price for 4300 Highway 17 South is $5,277,778
    What is the building size of this Retail property in North Myrtle Beach, SC?
    The size of the building/unit at 4300 Highway 17 South in North Myrtle Beach is 14,490 square feet
    How much land does the North Myrtle Beach, SC property at 4300 Highway 17 South include?
    4300 Highway 17 South in North Myrtle Beach includes 1.910 acres of land
    What kind of Retail is the property at 4300 Highway 17 South?
    The property at 4300 Highway 17 South North Myrtle Beach, SC 29582 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 4300 Highway 17 South in North Myrtle Beach?
    The population within 1 mile of 4300 Highway 17 South North Myrtle Beach, SC 29582 is 2,584 people.
    Who do I contact for questions about 4300 Highway 17 South?
    You should contact the listing agent, Gabriel Britti, for any details regarding this commercial listing.

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    Charleston Air Force Base-International Airport (CHS) 98
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