Share This Listing

Message

954 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • 14,123 SF multi-unit flex building - For Sale
  • 100% occupancy with value-add ability
  • High connectivity - Convenient to Highways 31, 501, 17 Bypass & Business
  • Small-bay flex investment opportunity
  • Built in 2023 / Almost new construction
  • 275,000+ residents within 30 minute drive

Executive Summary

240-250 Industrial Way is a 14,123 square foot multi-tenant light industrial building in the Waccamaw Industrial Park. Built in 2023, this small-bay flex building is fully occupied, with units ranging from 1,813 to 4,410 square feet. 27 marked parking spaces with additional room for perimeter parking. Each unit includes at least 645 square feet of office space including multiple offices, reception area, and restroom, with warehouse space equipped with 6" slab, 12' overhead doors, LED lighting, 16' eaves, and 208v power.
This site is located in Phase 4 the Myrtle Beach, SC MSA's most established light industrial/flex development, the Waccamaw Industrial Park, and is accessible from
George Bishop Parkway, a secondary thoroughfare with a traffic count exceeding 28,000 vehicles per day connecting residential and commercial populations in the Carolina Forest submarket to Myrtle Beach International Airport and tourist populations and businesses along the Atlantic Oceanfront. Both Highways 17 Bypass and 501 are located within 1 mile of this property, and provide connectivity to communities along the coast, along with Highway 22, providing connectivity to high-growth inland submarkets in central and western Horry County.

Property Facts

Price $3,395,174 CAD
Price Per SF $240.40 CAD
Sale Type Investment NNN
Cap Rate 6.24%
Property Type Industrial
Property Subtype
Warehouse
  • FlexLight Distribution
Building Class B
Lot Size 1.19 AC
Rentable Building Area 14,123 SF
No. Stories 1
Year Built 2023
Clear Ceiling Height 18’
No. Dock-High Doors/Loading 1
No. Drive In / Grade-Level Doors 6
Zoning HC - Highway Commercial per Horry County Zoning

Utilities

  • Water
  • Sewer
  • Heating
Somewhat walkable
30/100
Very drivable
80/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
42610010001
Land Assessment
$983,878 CAD
Improvements Assessment
$2,654,870 CAD
Total Assessment
$3,638,748 CAD
  • Listing ID: 40614296

  • Date on Market: 2026-05-21

  • Last Updated:

  • Address: 240 & 250 Industrial Way, Myrtle Beach, SC 29579

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}