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808 US-378
Conway, SC 29527 Downtown Conway

$3,825,000 USD

General Retail For Sale  •  7,000 SF

Property Details

• Property Type General Retail
• Total Building Size 7,000 SF
• Lot Size 1.15 AC
• Year Built 2019
• Cap Rate 6.00 %
• Tenancy Multiple

0 Transit Score

51 Walk Score

Highlights

100% Occupied Three-Tenant Pad; Service-Based, Internet-Resistant Tenant Mix: PDS Health, My Pharmacy & Optical, and The Nail Room

All Tenants Are on Long-Term NNN Leases With Staggered Lease Expirations

Rents at the Subject Property Were Set in 2019–2020, Before COVID and the Resulting Surge in Construction Costs

This Presents Meaningful Upside Potential, as Comparable Lease Rates Today Would Be Significantly Higher

The Nail Room Is on a “Naked” Lease Paying Only $27.40 PSF for a 1,400 SF Endcap Space

Corporate PDS Health, LLC Lease (1,000+ Locations); Ranks Within the Top 16% of All PDS Health Locations Nationwide (Placer.ai)

Cap Rate:

6.00 %

Major Tenants

Tenant	SF Occupied	Lease End Date
My Pharmacy & Optimal		5/31/2030

Public Transportation

Airport	Drive	Walk	Distance
Myrtle Beach International	24 min	-	15.9 mi