Starbucks & Verizon Strip Center, Myrtle Beach, SC
102 Loyola Drive, Suites A-C
Myrtle Beach, SC 29588
PROPERTY SOLD
Property: Investment Sales
Square Footage: 6,770
Acreage: 1.14
Price: $2,240,000
Cap Rate: Call
Description:
- Located on US Hwy 17 about 5 miles from the international airport and 4 miles from the Atlantic coast
- 6,770 square foot multi tenant retail building with a drive thru on about 1.14 acres developed in 2012
- Tenants included Starbucks, Verizon Wireless and Jersey Mike’s Subs on 5-10 year net leases
- The leveraged transaction closed escrow in June 2013 for approximately $2.24 million
- The buyer was a private investment group out of South Carolina


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