Starbucks Conway, SC

1478 South Carolina 544
Conway, SC

Price: $2,850,000
Cap Rate: 6.00%
NOI: $171,000
Building Size: Approx. 2,223 Sq. Ft.
Lot Size: Approx. 0.842 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2023

Investment Overview

  • 2024 Construction. 2,223+/- SF Building on 0.842+/- Acre Site
  • New Construction Site w/ RARE 15 Year Net Lease w/ 10% Rental Increases in Both Primary Term & (4) 5-Year Options to Renew
  • Located at Intersection of Corporal Dennis Lyden Memorial Hwy/SC-544 (30,194 VPD) and State Rd S-26-1121 (8,867 VPD)
  • 1 Mile From Conway Medical Center, One of the Top Economic Drivers & Largest Employers of Horry County for Nearly a Century
  • Subject Property is Less than 1.5 Miles from Coastal Carolina University (10,800 Students).
  • Starbucks is the Largest Specialty Coffee Retailer in the World w/ Over $35.98B in Revenue Across 38,040 Stores Globally
  • Conway | 10 Miles from Myrtle Beach | Population: 27,346+