For Lease
$89,000/SF/YR

SC-707 And Grand Oak BlvdMyrtle Beach, SC 29588

Prime 1.05-acre commercial lot, Hwy 707 access.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 1.05-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Socastee area of Horry County, South Carolina. Boasting excellent visibility and accessibility, this property offers two full access points to Highway 707 via Grand Oak Boulevard and Bay Road, including a signalized intersection and a convenient right-in, right-out access point. The lot size totals 45,738 square feet (APN: 45703040053), zoned for commercial use, making it ideal for a variety of businesses. Highway 707 boasts a significant daily traffic count of 39,700 vehicles, increasing during peak seasons. The property benefits from its strategic location directly in front of the newly constructed Anchor Point Apartments, a 204-unit complex, ensuring a substantial customer base. This high-growth submarket experiences an annual growth rate of 2.5% to 3.25% within a 1, 3, and 5-mile radius. The property's surrounding area features a mix of established businesses, including Scrubby's car wash, McDonald's, Dunkin' Donuts, Food Lion, and Circle K, creating a vibrant commercial environment. The asking lease rate is $89,000 per year. This property is perfectly suited for quick-service restaurants (QSRs), banks, automotive businesses, or other retail establishments seeking high visibility and strong traffic flow.

Highlights

  • 1.05-acre commercial land parcel in Horry County, SC.
  • Excellent visibility and access via Hwy 707 and Grand Oak Blvd (signalized intersection).
  • High-growth submarket with 2.5% - 3.25% annual growth within a 5-mile radius.
  • Hwy 707 traffic count of 39,700 vehicles (higher seasonally).
  • Located adjacent to a new 204-unit apartment complex.
  • Ideal for QSR, bank, automotive, or other retail uses.

Property Details for SC-707 And Grand Oak Blvd

Property type
Land

Unit(s) available at that property

Space
Size
0 SF
Rate per SF
$89,000

Location Insight

City
Myrtle Beach
County
Horry
State
South Carolina
Latitude
33.640275536519
Longitude
-79.030650198735
SC-707 And Grand Oak Blvd, Myrtle Beach, South Carolina

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SC-707 And Grand Oak Blvd
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