400 N Main St - Freestanding FOR SALE


Hemingway, SC 29554
$1,210,000 USD
803-331-8088
400 N Main St, Hemingway, SC for Sale
$1,210,000 USD
Freestanding - FOR SALE
1/3
null | 6.65% Cap Rate

400 N Main St
Hemingway, SC 29554


HIGHLIGHTS

  • Advance Auto store w/ 7 YR Early Renewal
  • Strong growth county in South Carolina
  • Rent increases 10% every 5 years in Option Periods
  • Corporate Guaranty by Advance Stores Company, Inc.
  • 8,300 VPD on N. Main Street
  • Located close to Myrtle Beach MSA

OVERVIEW

This Advance Auto Store is located in Hemingway on the main thoroughfare that runs through town. This store has been a part of the local community since it was built in 2005 and just renewed its term early for 7 more years. AAP pays for the taxes, insurance, parking lot maintenance and roof. Structure is on the Landlord. The store is in good condition and originally built by an Advance developer. As of March 2026, Hemingway has seen a 50% year over year increase in home sales. Hemingway is set in the path of regional growth from Horry County and the Myrtle Beach area which continues to grow at a rapid pace.

FOR SALE DETAILS

PRICE

$1,210,000 USD

PRICE/SF

$159 USD /SF

CAP RATE

6.65%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

commercial

APN/PARCEL ID

08-015-115

ASK ABOUT THIS PROPERTY

James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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James Harrison CCIMCypress Commercial & Investment Real EstateMore Info
803-331-8088

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