200 Highway 17North Myrtle Beach, SC 29582

Property Details for 200 Highway 17

Year built

1985

Construction

CONCRETE

Lot size

0.40 AC

Property size (Sq ft)

4,184 SF

Zone code

HC

Property type

Turn key restaurants

APN

356-01-02-0006

APU

35601020006

Description

Surfwood Plaza, a prominent 185,000 square foot retail center in Horry County's Myrtle Beach submarket, offers exceptional leasing opportunities. This single-story, Planned Development District zoned property boasts a prime location within the North Myrtle Beach Retail Corridor, alongside notable centers like Gator Hole Plaza and Coastal North Town Center. Anchored by Lowe's Home Improvement, the center also includes Aldi, FedEx, Sweet Frog, and Crave Italian Oven and Bar, ensuring high foot traffic and strong brand synergy. Currently, four spaces are available, ranging from 2,800 to 13,626 contiguous square feet. The largest available space, previously occupied by Tuesday Morning, totals 13,626 square feet. Smaller in-line spaces are also available, starting at 2,800 square feet. The property features attractive glass storefront windows, rear access for all units, modern architectural design with stylish outdoor fixtures, and ample parking. Situated on approximately 23 acres at a four-way signalized intersection on Highway 17 Business, the center benefits from an average daily traffic count of 42,000 (2022 data). This presents a unique opportunity for businesses seeking high visibility and convenient access within a thriving retail environment. The property's APN is 144-06-04-010.

• CAP approach

  CAP return

  Valuation

  6%

  $1,080,315

  6.5%

  $997,214

  7%

  $925,985

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,106,995

  Geo Method

  $2,420,196

• Alternative Use

  Use

  Valuation

  Residential

  $841,187

  Hospitality

  $770,523

  Educational

  $641,066

  Medical

  $663,114

  Retail

  $997,214

Location Insight

City

North Myrtle Beach

County

Horry

State

South Carolina

Latitude

33.8302

Longitude

-78.677

CBSA code

34820

CBSA name

MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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