Bridgestone, Myrtle Beach, SC
120 Loyola Drive
Myrtle Beach, SC 29588
PROPERTY SOLD
Property: Investment Sales
Square Footage: 8,142
Acreage: 1.01
Price: $2,237,000
Cap Rate: Call
Description:
- Located on a major 4 lane highway in south Myrtle Beach approx. 5 miles from the International Airport
- 8,142 square foot building developed on 1.01 acres that was completed in February of 2009
- Immediate proximity to Wal-Mart, Lowe’s, Kohl’s, Office Depot, banks, hotels, golf courses and beaches
- Bridgestone is on a 15 year corporate net lease with 10% rent bumps every 5 years and 4 options
- Bridgestone operates the largest number of company-owned auto care centers in the world (2,200+)
- This transaction closed escrow on December 16, 2009 for $2,237,000 (approx. 40 days in contract)
- Buyer was a private investment group out of SC and obtained a loan equal to approx. 80% of the price


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Contact
Tyson Glasser, CCIM
Director of Capital Markets & Dispositions
864.263.5427 - Main
404.435.6312 - Mobile