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


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