Building Only For Sale — Excellent Investment Opportunity! This Class B, one-story building, built in 1999, is 100% occupied and leased to a national franchisee of Parlor Doughnuts. The lease is currently in place with two additional 5-year renewal options, each featuring a 10% annual increase. Situated on approximately 0.80 acres at the corner of Hinnant Drive and Highway 17 (Ocean Highway) in Georgetown County, Pawleys Island mainland, the property offers ample parking in both the front and rear, as well as a drive-thru and front and rear patios. Located in a prime retail corridor, nearby businesses include The Fresh Market, Sonic, Chico's, Truist Bank (formerly BB&T), Habaneros Mexican Restaurant, First Citizens Bank, the US Post Office, MEDCare Urgent Care, Millstone Biscuit Co., and Best Western. The tenant, Parlor Doughnuts, operates over 70 locations nationwide (operating or in development) in a rapidly growing $8.9 billion gourmet doughnut industry, which has seen an average annual growth of 6.4% since 2018 (IBISWorld). Start-up costs for a Parlor Doughnuts franchise range from $397,500 to $1.3 million depending on location and build-out costs. The brand capitalizes on America's demand for on-the-go coffee and food, unique and creative flavor offerings (including healthier options), and a welcoming atmosphere for younger demographics. With over 10 billion doughnuts made in the U.S. annually and more than 13,565 doughnut shops nationwide, the industry remains both competitive and highly sought after. Learn more about the tenant: https://www.parlordoughnuts.com/pawleysisland-sc