3427 Dewey Rd - Retail FOR SALE


Myrtle Beach, SC 29579
$2,500,000 USD
858-414-7849
3427 Dewey Rd, Myrtle Beach, SC for Sale
$2,500,000 USD
Retail - FOR SALE
1/20

3427 Dewey Rd
Myrtle Beach, SC 29579


HIGHLIGHTS

  • 20-Year Absolute NNN Sale-Leaseback Brand-new long-term lease commencing at close of escrow with zero landlord responsibilities.
  • Corporate Guarantee – Birdie Houses, Inc. Full corporate guaranty backing lease obligations across platform operations.
  • 2% Annual Contractual Escalations Built-in rent increases throughout the base term and renewal options, providing inflation protection.
  • 100% Leased to Single Corporate Tenant Long-term contractual rent under Absolute NNN structure generating $175,000 in annual NOI.
  • Asset in Myrtle Beach Market Purpose-built asset located in one of the most active and established destination golf markets in the United States.

OVERVIEW

Birdie Houses – Myrtle Beach is a single-tenant net lease investment secured by a brand-new 20-year Absolute NNN sale-leaseback. The lease commences at close of escrow and features 2% annual rent escalations throughout the base term and renewal options. The tenant provides a full corporate guarantee and is responsible for all taxes, insurance, and maintenance, resulting in zero landlord responsibilities. The property is located in Myrtle Beach, one of the most active golf tourism markets in the United States. This offering provides passive, contractual income supported by long-term lease security and built-in rent growth.

FOR SALE DETAILS

PRICE

$2,500,000 USD

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Birdie Houses – Myrtle Beach, SC 20-Year NNN

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Christopher LaskeroAlpha Real Estate AdvisorsMore Info
858-414-7849

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Christopher LaskeroAlpha Real Estate AdvisorsMore Info
858-414-7849

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