Investors this is a 6+ cap rate property!!! New tenants just signed a 3-year agreement which starts this month(November 2023 and runs through November 2026). Corporate Tenant. Renovated first floor office condo unit within a popular Surfside business park. Renovations include new flooring, paint, new energy efficient windows and LED lighting. The 1,020 sq/ft space includes a reception area & reception office, 3 additional offices with one having potential as a conference room, open printer area/common workspace, 1/2 bath and a kitchenette. Both the front and rear entries are shared with 3 other tenants in the building. There is ample parking in the front and back of the building. Building had a new roof installed approximately 5 years ago and new windows about 5 years ago as well.
Mls | 2319706 |
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Listing Type | For Sale |
Style | Office Bldg |
Subtype | Resale |
Status | Active |
Days On Site | 439 |
Listing Provided By | Marek Property Advisors | Chris Marek |
Sq Feet | 1,020 |
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Storys | 1 |
Units | 1 |
Buildings | 1 |
Zoning | commercial |
Acreage | 0.16 |
State | SC |
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County | Horry |
City | Myrtle Beach |
Zip Code | 29575 |
Area | 28A Surfside Area Surfside Triangle 544 to Glenns Bay |
Listing VS Median (in 29575) | |
Price: $135,500 low | high Med: $272,000 SqFt: 1,020 low | high Med: 832 $ / SqFt: $133 low | high Med: $327 On Site: 439 low | high Med: 77.000000 |