Denny's, Myrtle Beach, SC

124 Loyola Drive
Myrtle Beach, SC 29588

PROPERTY SOLD

Property: Investment Sales

Square Footage: 4,650

Acreage: 1.05

Price: $2,300,000

Cap Rate: Call

Description:

  • Located less than 5 miles from the SC coast on a major highway corridor
  • Neighboring tenants include Wal-Mart, Lowe’s, Kohl’s and Office Depot
  • Property consists of a 4,650 restaurant on 1.05 acres with 74 parks
  • Denny’s franchisee executed a 20 year lease that commenced in 2009
  • Transaction closed escrow in June 2012 for approximately $2.30 million
  • Buyer was a publically traded REIT completing a 1031 portfolio exchange

Denny's, Myrtle Beach, SC

Downloads

Site Plan         

Aerials         

Contact

Tyson Glasser, CCIM
Investment Sales Director
(864) 263-5427 - Main
(404) 435-6312 - Mobile
tglasser@realtylinkdev.com