100 S Kings Hwy., Myrtle Beach, SC 29577
100 S Kings Hwy., Myrtle Beach, SC 29577
100 S Kings Hwy., Myrtle Beach, SC 29577
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Information For You

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+1(843) 353-0393
Listed by Brian Piercy Group • ERA Real Estate Modo
$8,900
4,324 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Rent

Square Footage 4,324 sqft

MLS Listing ID 2618374

HOA Y/N No

Lot Size 0.550 Acres

Acres 0.55

Property Sub-Type Commercial

Source CCAR

Property Description

12 MONTHS FREE BASE RENT FOR A LONG-TERM TENANT. The first six months are provided for renovations and build-out, followed by an additional six months while the business opens and becomes established. Position your business at 100 S. Kings Highway, a highly visible location along one of Myrtle Beach's busiest commercial corridors. Formerly occupied by Krispy Kreme, this approximately 4,324-square-foot freestanding building has been fully demolished on the interior and is ready for a new tenant to customize for a restaurant, retail concept, showroom, office, service business, or other commercial use. The property is offered as-is, with the tenant responsible for all renovations, improvements, permits, and build-out. No landlord-funded tenant improvement allowance will be provided, as the 12-month free base-rent period is offered in lieu of a TI allowance. The lease includes a 10-year initial term with two additional five-year renewal options, providing up to 20 years of occupancy. The first paid lease year, Year 2, must be paid in full upfront at lease signing, with rent paid monthly beginning in Year 3. Rent will increase 10% at the beginning of each five-year renewal term. Surrounded by hotels, timeshares, vacation rentals, residential communities, local businesses, and popular tourist destinations, the property provides excellent visibility and access to both year-round residents and millions of annual visitors. This is a rare opportunity to establish your business in a recognizable former restaurant location near the center of Myrtle Beach's tourism and hospitality district.

Location

State SC

County Horry

Area 16G Myrtle Beach Area--Southern Limit To 10Th Ave N

Zoning HC

Interior

Interior Features Handicap Access, Storage

Heating Central

Cooling Central Air

Fireplace No

Exterior

Amenities Available Storage

Present Use Restaurant,Retail

Building

Entry Level One

Sewer Public Sewer

Level or Stories One

Others

Senior Community No

Tax ID 44305040026

Acceptable Financing Lease Option

Listing Terms Lease Option

Special Listing Condition None

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+1(843) 353-0393

Real Estate Brokerage | License ID: 3744, 22024

Real Estate Brokerage License ID: 3744, 22024

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100 S Kings Hwy.