$1 Auction – 144,626 SF Industrial & Cold Storage Facility

Highlights:

• 144,626 SF Food Processing & Cold Storage on 39.63 AC (8 Bldgs): Former shelf-stable food processing facility
• Cold-Chain & Industrial Specs: 11,551 SF freezer/cooler, 32,170 SF warehouse,16' clear height, 10 dock-high doors, 1,200A/480V 3-phase, wet sprinklers, 129 parking; steel & masonry construction, Newer HVAC Units.
• Vacant - Owner-User or Reposition: Immediate occupancy for food processing/cold storage users; priced well below replacement cost.
• Access & Logistics: Just off U.S. 76; ±46 mi to Myrtle Beach, ±29 mi to Florence Regional Airport, ±17 mi to Inland Port Dillon—regional labor and distribution reach.
• Tight Local Industrial Fundamentals: ±5.0% vacancy in Mullins with no new construction - supportive backdrop for lease-up.
• Pro Forma NOI: at $4.00/SF NNN base rent and NOI ±$578,504 with pass-throughs (CAM/Insurance/Taxes)

Description:

Ri Marketplace Online Auction December 8th-10th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2858/1-auction-144-626-sf-industrial-cold-storage-facility?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=industial_2858

Marcus & Millichap is pleased to present Mullins Processing & Cold Storage located at 215 S Mullins St, Mullins, SC. The Property is a ±144,626 SF, eight-building food-processing/cold-storage facility on ±39.63 acres. The asset features 11,551 SF of freezer/cooler space, 16-foot clear heights, 10 dock-high doors, 1,200A/480V 3-phase power, wet sprinklers, and 129 surface parking spaces, with steel and masonry construction suitable for production and distribution. Located just off U.S. Route 76, the site provides efficient connectivity to Myrtle Beach (±46 miles), Florence Regional Airport (±29 miles), and Inland Port Dillon (±17 miles). The Mullins submarket reports ~5.0% industrial vacancy and no active construction, creating a favorable supply backdrop for backfilling the property. Formerly occupied by SOPAKCO, a world leader in meal ready-to-eat (MRE) products, the vacant property is ideal for a variety of food processing and cold storage uses.

The Property is located just outside the Mrytle Beach market area. Mullins, South Carolina lies approximately 48 miles (about a one‑hour drive) from Myrtle Beach, South Carolina, offering developers regional access to a major coastal resort destination. Mullins is a historic commercial center located in Marion County in the Pee Dee region of South Carolina, once home to the state’s largest tobacco market and still evident in its preserved warehouse and main‑street architecture. Today, Myrtle Beach is a rapidly growing metropolitan area with a population of 519,000 residents. The local economy is anchored by tourism, supporting jobs in hospitality, entertainment, and food services, while technology and manufacturing are emerging sectors. The Property has a population of ±25,918 residents within a 10-mile radius and an average household income of ±$49,491.


Lamar P. Fisher
Fisher Auction Company Inc.
License: 3981
Co: 3996
The platform fee for this transaction is the greater of 5.00% or a minimum of $20,000.

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