For Sale
$1,975,000

3583 Highway 17Murrells Inlet, SC 29576

Prime Medical Office, High ROI, Leaseback Option

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional Class A medical office building, situated on a 1.3-acre corner lot at 3583 Highway 17 in Murrells Inlet, South Carolina, presents a compelling investment opportunity. The 5,067 square foot, single-story building, constructed in 2013, boasts a prominent 270-foot frontage on Highway 17, ensuring high visibility and accessibility. Currently operating as a fully functional medical facility, the property features a spacious lobby, multiple large exam rooms, a lab, X-ray facilities, ample restrooms, a staff kitchen/rest area, and substantial storage. Additional amenities include a large, raised digital sign, paved parking lot, and a covered entrance. The property is zoned commercial and located in a thriving area near Myrtle Beach, surrounded by residential communities, commercial businesses, and hospitality establishments. A leaseback option is available for the buyer, providing a potential income stream. The building is in Flood Zone X. From 2018-2023, a portion of the clinic was leased for $9,000 per month, demonstrating strong rental potential estimated at approximately $20,000 per month NNN. Detailed lease information will be provided to qualified buyers under a Non-Disclosure Agreement. The asking price is $1,975,000, representing a compelling cap rate of 8.60% and a price per square foot of $644.44. Square footage is approximate

Highlights

  • 5,067 SF Class A medical office building.
  • Leaseback option available.
  • Ample on-site parking.
  • Prime Murrells Inlet, SC location near Myrtle Beach.
  • Large, raised digital sign.
  • Paved parking lot with covered entrance.

Property Details for 3583 Highway 17

Property type
Office properties, Medical offices
Square Feet
5,067 SF
Class
A
Year Built
2013
Buildings
1
Stories
1
Lot Size (sq. ft)
56,628 SF

Location Insight

City
Murrells Inlet
County
Georgetown
State
South Carolina
Latitude
33.5699239
Longitude
-79.0313537
3583 Highway 17, Murrells Inlet, South Carolina

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3583 Highway 17
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