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Freddy's 2526 Hwy 9 E 2,610 SF Retail Building Little River, SC 29566 $5,598,070 CAD ($2,144.85 CAD/SF) 5.25% Cap Rate
Investment Highlights
- NEW RESIDENTIAL COMMUNITIES
- HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- ATTRACTIVE LEASE FUNDAMENTALS
Executive Summary
ATTRACTIVE LEASE FUNDAMENTALS
- New 20 year Abs. NNN
- 2% Annual Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Freddy’s currently has over 550 locations across 36 states
- The company goal is to reach 800 restaurants by 2026 with 130 locations in development for the next two years
HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- Site is fronting major commuter highway to the Myrtle Beach coast
- Over 30K cars travel the highway per day
- Over 266K SF of retail is located in a 1-mile radius, boasting a 0% vacancy rate
NEW STATE OF THE ART BUILDING
- Building is being built to suit Freddy’s concept
- Warranties will be assigned to new owner
NEW RESIDENTIAL COMMUNITES
- Across the street from the site is the new residential development Beazer Homes at Sunset Landing
- With 194 homes recently built in this community starting at $300,000
- Under a half mile from the site is another new residential development, Bridgewater Community
- This community has over 1,500 houses which are spread across 950 acres with a resort style
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
- New 20 year Abs. NNN
- 2% Annual Increases
- Zero Landlord Responsibilities
- 4 x 5 year extensions providing a long term investment
FAST GROWING BRAND
- Freddy’s currently has over 550 locations across 36 states
- The company goal is to reach 800 restaurants by 2026 with 130 locations in development for the next two years
HIGHLY VISIBLE ON MAIN COMMUTER & RETAIL THOROUGHFARE
- Site is fronting major commuter highway to the Myrtle Beach coast
- Over 30K cars travel the highway per day
- Over 266K SF of retail is located in a 1-mile radius, boasting a 0% vacancy rate
NEW STATE OF THE ART BUILDING
- Building is being built to suit Freddy’s concept
- Warranties will be assigned to new owner
NEW RESIDENTIAL COMMUNITES
- Across the street from the site is the new residential development Beazer Homes at Sunset Landing
- With 194 homes recently built in this community starting at $300,000
- Under a half mile from the site is another new residential development, Bridgewater Community
- This community has over 1,500 houses which are spread across 950 acres with a resort style
TOURIST DESTINATION
- Top Tourist Destination in the Country - The Grand Strand, which includes Myrtle Beach, hosts approximately 19 million tourists annually
- Myrtle Beach ranked third on most popular tourist destinations for Americans by Trip Advisor in 2021
- Home to 25 international companies, in the top 10 for Foreign Direct Investment
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
2,610 SF
Building Class
B
Year Built
2025
Price
$5,598,070 CAD
Price Per SF
$2,144.85 CAD
Cap Rate
5.25%
NOI
$293,916 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.62 AC
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Freddy's
- Retailer
- 2,610 SF
- -
- Triple Net
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Freddy's | Retailer | 2,610 SF | - | Triple Net | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | 31404010001 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,972,253 CAD | Total Assessment | $1,972,253 CAD |
Property Taxes
Parcel Number
31404010001
Land Assessment
$1,972,253 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,972,253 CAD
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Freddy's | 2526 Hwy 9 E
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