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4401 N Kings Hwy
Myrtle Beach, SC 29577 Myrtle Beach

Price Upon Request

Restaurant For Sale  •  4,346 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 4,346 SF
  • Lot Size 1.17 AC
  • Building Class B
  • Year Built 1995
  • Tenancy Single
0 Transit Score
58 Walk Score

Highlights

Passive Investment Opportunity – ±9.75 years remaining on an initial 20 year Absolute NNN Lease.
National Tenant – Founded in 1975, Chili’s has since grown to 1600+ locations in 49 states and 30 countries
Absolute NNN Lease with Minimal landlord Responsibilities – Tenant is responsible for maintaining Roof, Structure, and parking lot.
Recent Extension of Term – The tenant exercised an early lease extension, demonstrating their commitment to this location and market.
Naked Lease – Flexibility to repurpose the property and potentially increase rents
High Traffic Count – Traffic counts on N Kings Hwy exceed ±25,800 VPD

Major Tenants

Tenant SF Occupied Lease End Date
Chili's Grill & Bar 12/31/2025

Amenities

  • Corner Lot
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Myrtle Beach International 14 min - 6.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 94
Type: Surface
Included in Rent: Yes