240 & 250 Industrial Way - Warehouse FOR SALE


Myrtle Beach, SC 29579
$2,456,000 USD
843-333-4190
240 & 250 Industrial Way, Myrtle Beach, SC for Sale
$2,456,000 USD
Warehouse - FOR SALE
1/8
null | 6.24% Cap Rate

240 & 250 Industrial Way
Myrtle Beach, SC 29579


HIGHLIGHTS

  • 14,123 SF multi-unit flex building - For Sale
  • Small-bay flex investment opportunity
  • 100% occupancy with value-add ability
  • Built in 2023 / Almost new construction
  • High connectivity - Convenient to Highways 31, 501, 17 Bypass & Business
  • 275,000+ residents within 30 minute drive

OVERVIEW

240-250 Industrial Way is a 14,123 square foot multi-tenant light industrial building in the Waccamaw Industrial Park. Built in 2023, this small-bay flex building is fully occupied, with units ranging from 1,813 to 4,410 square feet. 27 marked parking spaces with additional room for perimeter parking. Each unit includes at least 645 square feet of office space including multiple offices, reception area, and restroom, with warehouse space equipped with 6" slab, 12' overhead doors, LED lighting, 16' eaves, and 208v power. This site is located in Phase 4 the Myrtle Beach, SC MSA's most established light industrial/flex development, the Waccamaw Industrial Park, and is accessible from George Bishop Parkway, a secondary thoroughfare with a traffic count exceeding 28,000 vehicles per day connecting residential and commercial populations in the Carolina Forest submarket to Myrtle Beach International Airport and tourist populations and businesses along the Atlantic Oceanfront. Both Highways 17 Bypass and 501 are located within 1 mile of this property, and provide connectivity to communities along the coast, along with Highway 22, providing connectivity to high-growth inland submarkets in central and western Horry County.

FOR SALE DETAILS

PRICE

$2,456,000 USD

PRICE/SF

$171 USD /SF

CAP RATE

6.24%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

UTILITIES

Water, Sewer, Heating

CLEAR CEILING HT

18 Ft

DOCKS

1

DRIVE INS

6

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.19

LAND SF

51,836

ZONING

HC

APN/PARCEL ID

42610010001

ASK ABOUT THIS PROPERTY

Adam CatesTradd CommercialMore Info
843-333-4190

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Adam CatesTradd CommercialMore Info
843-333-4190

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