951-264-5994
1200 Coastal Grand Cir, Myrtle Beach, SC for Sale
Department Store - FOR SALE
1/5
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1200 Coastal Grand Cir
Myrtle Beach, SC 29577


HIGHLIGHTS

  • Located at the Coastal Grand Mall, home to over 140 retailers and over 1 million SF of retail space
  • Myrtle Beach was voted as the number 1 "Best Places People are Moving" by US News and World Report in 2018
  • Surrounding retailers include Petsmart, Ulta Beauty, Rooms to Go, Chipotle, and others
  • 2 Levels along with an auto service center
  • Property can be leased to a single tenant or split for multiple users
  • Located on 11.17 acres

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to market for sale At Coastal Grand, a former Sears anchor to the Coastal Grand Mall in Myrtle Beach, South Carolina. Situated at the intersection of US Hwy 17 Bypass and US Hwy 501, the asset offers a tremendous redevelopment opportunity to reimagine one of the most significant parcels inside a dominant retail hub. At Coastal Grand is part of a super-regional mall that draws from a trade population of over 300,000 people and benefits from year-round demand with tourism bringing in 18+ million visitors annually. Totaling 149,623 square feet, At Coastal Grand is presently unencumbered by any tenant leases, affording immediate redevelopment potential. The asset includes the 139,239 square feet of space that is connected to the Coastal Grand Mall and a 10,384 square foot former auto service center. This 11.17 acre site features immediate access from US Hwy 17 Bypass and US Hwy 501, which serve as the two most traveled arteries in the region and see a combined 106,829 vehicles per day. At Coastal Grand is being offered for sale without a formal asking price, free-and-clear of existing debt.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Department Store

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

11.17 AC

LAND SF

486,565 SF

ZONING

C

APN/PARCEL ID

42600000167

ASK ABOUT THIS PROPERTY

Jordan GomezAtlantic Capital PartnersMore Info
951-264-5994

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Jordan GomezAtlantic Capital PartnersMore Info
951-264-5994

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.