Log In/Sign Up
Your email has been sent.
Black Rifle Coffee 118 Loyola Dr 2,714 SF Retail Building Myrtle Beach, SC 29588 $2,434,485 CAD ($897.01 CAD/SF) 6.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Black Rifle Coffee Company (NYSE: BRCC) featuring a drive-thru - $391.5 million in net revenue in 2024
- New 10-year net lease with over 8 years remaining
- Tenant responsible for CAM, taxes, insurance and HVAC
- 3% annual rent increases
- Personal guaranty
- Located on U.S. Hwy 17 Bypass, a primary retail corridor (40,780 VPD)
EXECUTIVE SUMMARY
Black Rifle Coffee Company (NYSE: BRCC) is located on U.S. Hwy 17 Bypass, the main commercial thoroughfare in Myrtle Beach with ~40,780 VPD. The property benefits from excellent retail synergy, surrounded by major national retailers including Walmart Supercenter, Publix, and Lowe’s. Positioned in a densely populated area, there are 100,045 residents within a 5-mile radius. In 2024, the Myrtle Beach MSA ranked as the third fastest-growing metro area in the United States by percentage growth.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,714 SF
Building Class
B
Year Built
2016
Price
$2,434,485 CAD
Price Per SF
$897.01 CAD
Cap Rate
6.50%
NOI
$158,276 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.00 AC
Frontage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 45804020009 | Improvements Assessment | $57,063 CAD |
| Land Assessment | $99,342 CAD | Total Assessment | $156,406 CAD |
PROPERTY TAXES
Parcel Number
45804020009
Land Assessment
$99,342 CAD
Improvements Assessment
$57,063 CAD
Total Assessment
$156,406 CAD
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Black Rifle Coffee | 118 Loyola Dr
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.