1508 Azalea Dr. , Myrtle Beach, SC 29575
Myrtle Beach, SC 29575
Description
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.
Details
| MLS# | 2319706 |
|---|---|
| Listing Type | For Sale |
| Style | Office Building |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 374 |
| Listing Provided By | Marek Property Advisors | Chris Marek |
Features
| N/A | 1,020 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Zoning | commercial |
| Acreage | 0.16 |
Market Activity 29575
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Learn More About This Property
| State | SC |
|---|---|
| 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: $286,500 SqFt: 1,020 low | high Med: 1,064 $ / SqFt: $133 low | high Med: $269 On Site: 374 low | high Med: 37.000000 | |