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Johnson Controls Myrtle Beach 1587 Dividend Loop

12,900 SF Flex Building Myrtle Beach, SC 29577 $2,675,000 ($207/SF)

Flex Space South Carolina Myrtle Beach 1587 Dividend Loop, Myrtle Beach, SC 29577

Investment Highlights

  • $175,468 (3% Annual Increases)

Executive Summary

OFFERED FOR SALE: This Johnson Controls Office/Warehouse facility is located in the North Industrial Park of Myrtle Beach, SC. Johnson Controls Inc., a BBB+ Investment Grade Corporate Tenant with over 2,000 locations worldwide, has leased this property since it was built in 2009. The property includes 12,920 square feet of office and warehouse space on 1.35 acres. It is conveniently located 1 mile from Myrtle Beach International Airport, 2 miles from the Atlantic Ocean resorts and tourist destinations, and less than 1 mile from Coastal Grand Mall. The site is ideal for warehouse and industrial users seeking easy access to key locations. The North Industrial Park is home to a number of national and regional businesses, including Trane, Orkin, Coastal Fasteners, Daltile, Gateway Supply, Duncan-Parnell, and Piedmont Service Group. Myrtle Beach is ranked as the 5th fastest-growing metro area in the U.S. according to the 2020 Census, making this a prime location for investment. Current Base Rent: $175,468 (3% Annual Increases)

Attachments

1587 Dividen Loop - Building Layout (1)
Sale Brochure

Property Facts

Price $2,675,000 Lot Size 1.35 AC
Price Per SF $207 Rentable Building Area 12,900 SF
Sale Type Investment No. Stories 1
Property Type Flex Year Built 2009
Property Subtype
Light Distribution
  • Industrial Warehouse
  • Office Industrial Live Work Unit
 Tenancy Single
Building Class B Parking Ratio 3.33/1,000 SF
Price $2,675,000
Price Per SF $207
Sale Type Investment
Property Type Flex
Property Subtype
Light Distribution
  • Industrial Warehouse
  • Office Industrial Live Work Unit
Building Class B
Lot Size 1.35 AC
Rentable Building Area 12,900 SF
No. Stories 1
Year Built 2009
Tenancy Single
Parking Ratio 3.33/1,000 SF
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PROPERTY TAXES

Parcel Number 44204040016 Improvements Assessment $67,590
Land Assessment $12,284 Total Assessment $79,874

PROPERTY TAXES

Parcel Number
44204040016
Land Assessment
$12,284
Improvements Assessment
$67,590
Total Assessment
$79,874

zoning

Zoning Code LM (Limited Manufacturing (LM) City of Myrtle Beach, SC)
LM (Limited Manufacturing (LM) City of Myrtle Beach, SC)
(843) 626-3400 x43

Contact

  • Listing ID: 33869979

  • Date on Market: 11/14/2024

  • Last Updated:

  • Address: 1587 Dividend Loop, Myrtle Beach, SC 29577

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Johnson Controls Myrtle Beach | 1587 Dividend Loop
(843) 626-3400 x 43

Johnson Controls Myrtle Beach | 1587 Dividend Loop

Ryan Earnest

(843) 626-3400

x43

(843) 626-3400 x43

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