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Investment Highlights

  • PRIME CHURCH ST RETAIL CORRIDOR
  • INVESTMENT GRADE TENANT
  • NEW CONSTRUCTION WITH NEW FORMAT

Executive Summary

STRONG LEASE FUNDAMENTALS
• 15-year absolute NNN ground lease with zero landlord responsibilities
• Three (3) five-year renewal options
• 10% rent increases every five years
• Long-term passive income backed by an investment grade tenant
INVESTMENT GRADE TENANT
• JPMorgan Chase (NYSE: JPM) – market cap of $360B with 5,600+ locations nationwide
• S&P credit rating: A+
• Largest financial institution in the world
MYRTLE BEACH, SC MSA
• Located in one of the fastest growing coastal MSAs in the Southeast
• Benefits from strong population growth, tourism-driven economy, and ongoing residential development
• Horry County consistently ranks among South Carolina’s fastest growing counties, supporting sustained retail demand
PRIME CHURCH ST RETAIL CORRIDOR
• Located on Church Street (34K VPD), Conway’s main commercial artery
• High visibility with signalized access
• US-501 provides consistent commuter and tourist traffic
NEW CONSTRUCTION WITH NEW FORMAT
• Built-to-suit under JPMorgan Chase’s latest retail banking prototype
• Modern design with advanced ATMs and drive-thru lanes for convenience and efficiency
• Purpose-built layout reflects long-term commitment and supports evolving omnichannel strategy for sustained performance
RETAIL DENSE CORRIDOR
• Situated in Conway’s primary retail corridor, surrounded by national tenants including Walmart, Lowe’s, Starbucks, Chick-fil-A, and McDonald’s
• Over 1.2M SF of retail space within a 1-mile radius
• Conway serves as the county seat and commercial hub of Horry County

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
4,303 SF
Year Built
2026
Price
$4,450,226 CAD
Price Per SF
$1,034.21 CAD
Cap Rate
4.50%
NOI
$200,274 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.03 AC
Opportunity Zone
Yes

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Chase Bank
  • Retailer
  • 4,303 SF
  • -
  • Triple Net
  • -
Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Chase Bank Retailer 4,303 SF - Triple Net -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

IGA
SouthState Bank
Applebee's
Starbucks
Zaxby's
Cook Out
Scooter's Coffeehouse
Planet Fitness
First Citizens Bank

Property Taxes

Property Taxes

Parcel Number
33810020015
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$9,415,916 CAD
  • Listing ID: 39871792

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 1606 Church st, Conway, SC 29526

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