1606 Church st - Retail FOR SALE


Conway, SC 29526
$3,222,000 USD
980-498-3293
1606 Church st, Conway, SC for Sale
$3,222,000 USD
Retail - FOR SALE
1/4
null | 4.5% Cap Rate

1606 Church st
Conway, SC 29526


HIGHLIGHTS

  • PRIME CHURCH ST RETAIL CORRIDOR
  • NEW CONSTRUCTION WITH NEW FORMAT
  • INVESTMENT GRADE TENANT

OVERVIEW

STRONG LEASE FUNDAMENTALS • 15-year absolute NNN ground lease with zero landlord responsibilities • Three (3) five-year renewal options • 10% rent increases every five years • Long-term passive income backed by an investment grade tenant INVESTMENT GRADE TENANT • JPMorgan Chase (NYSE: JPM) – market cap of $360B with 5,600+ locations nationwide • S&P credit rating: A+ • Largest financial institution in the world MYRTLE BEACH, SC MSA • Located in one of the fastest growing coastal MSAs in the Southeast • Benefits from strong population growth, tourism-driven economy, and ongoing residential development • Horry County consistently ranks among South Carolina’s fastest growing counties, supporting sustained retail demand PRIME CHURCH ST RETAIL CORRIDOR • Located on Church Street (34K VPD), Conway’s main commercial artery • High visibility with signalized access • US-501 provides consistent commuter and tourist traffic NEW CONSTRUCTION WITH NEW FORMAT • Built-to-suit under JPMorgan Chase’s latest retail banking prototype • Modern design with advanced ATMs and drive-thru lanes for convenience and efficiency • Purpose-built layout reflects long-term commitment and supports evolving omnichannel strategy for sustained performance RETAIL DENSE CORRIDOR • Situated in Conway’s primary retail corridor, surrounded by national tenants including Walmart, Lowe’s, Starbucks, Chick-fil-A, and McDonald’s • Over 1.2M SF of retail space within a 1-mile radius • Conway serves as the county seat and commercial hub of Horry County

FOR SALE DETAILS

PRICE

$3,222,000 USD

PRICE/SF

$749 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank | Myrtle Beach, SC MSA

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Bank, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

-

APN/PARCEL ID

33810020015

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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