Medical Office | Triple Net (NNN) Lease

$1,261,958

402 Singleton Ridge Road, Conway (Myrtle Beach), SC 29526

For Sale

Office Medical

Active

Last Updated: 10/02/2021

Details:

Cap Rate: 7.25%

NOI: $91,492

Building Size: 4,352 sqft

Lot Area: 0.69 acres

Lease Type: Triple Net

Year Built: 1984

Price Per Sqft: $280.22

Year Last Renovated: 2020

Highlights:

100% Occupied Medical Building Located Adjacent to the Conway Medical Center Hospital Campus
Long Term Operating History – Sound Solutions Hearing Care Has Been There For 10 Years
Less Than 1-Mile From the Coastal Carolina University Which Has Over 10,000 Students Enrolled
Internet, Recession and Pandemic Resistant Tenants Ensure Long Term Investment
Conway is Located in Horry County and is Included in the Myrtle Beach Metropolitan Statistical Area
Conway Medical Center Has 210 Inpatient Beds and is One of the County’s Largest Employers With Over 1,500 Staff Members
Excellent Visibility From Singleton Road That Sees Over 10,163 VPD
Property is Strategically Located Directly Off of 501 Highway Which Sees Over 44,835 VPD
Nearby Tenants Include: Dunkin’, Walmart Supercenter, McDonald’s, ALDI, Food Lion, Family Dollar, Starbucks, Lowe’s, Wells Fargo, Chick-fil-A, Burger King and More

Description:

Sands Investment Group is Pleased to Present Exclusively For Sale the 4,352 SF Medical Office Located at 402 Singleton Ridge Road in Conway (Myrtle Beach), SC. This Deal Includes a 100% Occupied Medical Building Adjacent to the Conway Medical Center Hospital Campus, Providing For a Unique Investment.

Map:

Documents:

	Title
	Offering Memorandum

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