This exceptional Murrells Inlet, SC, investment opportunity presents a fully leased, free-standing restaurant building and land for sale. The property, located at 3415 US-17 BUS, boasts 9,640 total square feet, including 3,138 net rentable square feet, on a 0.93-acre lot. Built in 2005 and renovated in 2023, the two-story building features a Highway Commercial zoning designation and ample parking for 35 vehicles. Currently occupied by "Fire to Table" restaurant under a triple net (NNN) lease, the property offers a strong 6.96% cap rate with a substantial net operating income (NOI) of $88,680. The lease commenced November 15, 2023, and extends for a remaining term of nine years, expiring November 30, 2033. Rent is $7,000 per month, subject to annual increases based on CPI or 2%, whichever is lower. The tenant is responsible for property taxes ($14,776.99) and insurance (approximately $12,000). Key features include two full-service bars, indoor and outdoor seating, a raised outdoor band stage, and extensive porches and decks. The property also includes two large walk-in coolers, various refrigeration units, kitchen equipment (some tenant-owned), storage shelves, four HVAC units, and four restrooms. Additional amenities include a fire sprinkler system, handicap ramp, and signage. The property's prime location near a busy gas station and a new traffic corridor offers exceptional visibility and accessibility. The sale includes the land and building
Highlights
Prime Murrells Inlet location.
Building and land included; tenant currently occupies.
High-growth Murrells Inlet area.
Property Details
for 3415 Us-17 Bus
Property type
Retail properties, Restaurants
Square Feet
9,640 SF
Year Built/Renovated
2005/2023
Buildings
1
Stories
2
Lot Size (sq. ft)
40,511 SF
Location Insight
City
Murrells Inlet
County
Horry
State
South Carolina
Latitude
33.57480972741
Longitude
-79.025566253539
3415 Us-17 Bus, Murrells Inlet, South Carolina
Nearby Similar for Sale
For Sale
$129,900
Murrells Inlet Restaurant - Turnkey!
Profitable coastal eatery, fully equipped.
Bar and Grill for Sale- Money Maker! Murrells Inlet Rd
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Contacts
Pam Guthrie
Visit Broker Website
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3415 Us-17 Bus, Murrells Inlet, South Carolina, 29576
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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3415 Us-17 Bus
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