3949 & 3951 Dick Pond Rd | Myrtle Beach, SC 29588
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3949 & 3951 Dick Pond Rd
Myrtle Beach, SC 29588
Destination Pet | 180+ National Operator · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- STABLE LONG-TERM INVESTMENT | NNN LEASE-At the close of escrow, the Tenant will execute a new 15-year NNN lease with three (3), five (5) year options
- TENANT INVESTMENT IN LOCATION-Pet Hospitals rarely relocate due to the difficulty of retaining the same patients in a new location and the high costs
- PRIME LOCATION- The site is well positioned along Hwy 544, seeing more than 34,700 vehicles per day.
- SCHEDULED RENTAL INCREASES- 2% annual rental escalators, providing a future owner with a boost in cash flow and a hedge against inflation
- FAVORABLE DEMOGRAPHICS - This asset caters to more than 101k residents within a 5-mile radius of the site.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,000 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
2.56 AC
Parking
5 Spaces (0.5 Spaces per 1,000 SF Leased)
Frontage
51’ on Dick Pond Rd
AMENITIES
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 44806030019 | Improvements Assessment | $142,037 |
| Land Assessment | $59,590 | Total Assessment | $201,627 |
PROPERTY TAXES
Parcel Number
44806030019
Land Assessment
$59,590
Improvements Assessment
$142,037
Total Assessment
$201,627
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