$8,995,000

1101 Johnson Ave.

Myrtle Beach SC, 29577

Description

Amazing investment opportunity offered at 8.7% potential CAP Rate. The offices at Market Common is a beautiful premier 3 story Class A office building comprised of 40,000 SF. The tenants include Edward Jones, Nexsen Pruett, The Trembley Group, The VA & TSA. The building is cthe only Class A office building in the Market Common area. The Market Common live work area is one of the fastest growing areas in the city and conveniently located next to Myrtle Beach International Airport and highways 17 bypass & business. The subject property is located in the heart of Market Common development, which provides easy access to all the Market Common amenities, restaurants, retail shops, movie theater, bowling alley and parks. There are 135 marked parking spaces available at the property, along with street parking for over 1500 shared parking spaces. Rent Roll and financials will be released to qualified buyers after a NDA is signed.

Details

MLS#1909252
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site232

Features

Story(s)3
Units9
ZoningC 6

Market Activity 29577

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Area Information

StateSC
CountyHorry
CityMyrtle Beach
Zip Code29577
Area16G Myrtle Beach Area--Southern
Listing VS Median (in 29577)
Price:
$8,995,000
low | high
Med:
$174,700
100% of Average
On Site:
232
low | high
Med:
84.5
100% of Average
Listing Updated: 12/12/2019
MLS Number: 1909252
Listing Provided By:
Sheena Rote  of  Tideland Commercial