38th Ave Plaza-Property for Sale-Myrtle Beach Uniquely located between the busy Retail Community and the Professional Finance District of Oleander Drive Myrtle Beach SC. With high visibility from Highway 17 Bypass property is surrounded by award winning golf courses shopping centers entertainment and Professional Office Parks. Approximately 1.27 Acres Leasehold Interest Outparcel of Bi-Lo Anchored Center Plantation Point Accessed by Interior Loop Road to Shopping Center Excellent Visibility from U.S. Highway 17 Bypass Other Outparcels include CVS McDonalds Zaxby s IMPROVEMENTS Approximately 7 100 SF Retail Building on Slab Three Tenant Building with Double Storefronts Brick & Stucco Finishes with Decorative Awnings MASTER GROUND LEASE Primary Term of Twenty Five (25) Years Initial Date 2006 Four (4) Renewal Options of Five (05) Years Each Current Rate of Sixty Seven Thousand Two Hundred Dollars ( 67 200) Base Rent Escalations of Twelve Percent (12%) every Five (05) Years Current Tenants Salsarita s Fresh Cantina LLC Carolina Motor Club Inc. dba AAA Motor Club Inc. Dickie s BBQ Rent Roll Available upon request
Category: Real Estate - Commercial
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