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Investment Highlights

  • Positioned along Myrtle Beach’s primary commercial corridor with exceptional visibility.
  • Surrounded by major national retailers, hospitality brands, and thriving residential communities.
  • Large dining areas, lounge, and outdoor patio designed for efficient high-volume service.
  • Strong long-term tenant operating a full-service restaurant with established customer base.
  • High 51,511 ADT traffic count supporting consistent exposure and patronage.
  • Close proximity to Highway 31, Myrtle Beach International Airport, and major lifestyle attractions.

Executive Summary

This prime restaurant asset along Myrtle Beach’s highly traveled Highway 501 presents a rare opportunity to acquire a stabilized investment in one of the region’s fastest growing corridors. Situated on 1.52 acres in Horry County, the property benefits from exceptional visibility and direct access along the main east–west thoroughfare leading into Myrtle Beach’s tourism, residential, and employment centers. A long-term, professionally operated restaurant tenant anchors the property, offering dependable occupancy and operational continuity.
The building features a well-designed hospitality layout that supports high-volume service. Guests are welcomed by a spacious lobby that flows into a fully equipped commercial kitchen, complete with two 20-foot hood systems designed for efficiency and throughput. The large dining room accommodates approximately 200 patrons, complemented by a dedicated lounge area ideal for pre-dining gatherings or social meetups. An inviting outdoor patio creates an additional revenue-enhancing seating environment, taking advantage of the area’s favorable climate and strong year-round tourism.
The property is surrounded by highly recognizable national retailers, hospitality brands, and lifestyle destinations. Nearby anchors include Tanger Outlets, BJ’s Wholesale Club, the Carolina Forest residential communities, Legends Golf Course, and multiple national restaurant chains. The Hampton Inn positioned directly behind the site provides consistent hospitality traffic, while Highway 31’s proximity supports convenient regional access. Traffic counts of 51,511 ADT on Highway 501 provide sustained exposure for the restaurant’s signage and branding, reinforced by a 2024 demographic base of more than 226,000 residents within a ten-mile radius.
With its strategic location, established tenancy, and strong surrounding commercial ecosystem, this offering provides an investor with a stable, income-producing asset supported by durable regional growth and long-term consumer demand

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
7,300 SF
Building Class
B
Year Built
2002
Price
$4,571,292 CAD
Price Per SF
$626.20 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.52 AC
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
148’ on Us-501 Hwy

Amenities

  • Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

IHOP
Outback Steakhouse
Planet Fitness
7 Brew Coffee
Starbucks
Chili's Grill & Bar
Waffle House
Buffalo Wild Wings
Kroger
Bank of America

Property Taxes

Property Taxes

Parcel Number
41703010003
Land Assessment
$1,834,368 CAD
Improvements Assessment
$1,333,192 CAD
Total Assessment
$3,167,560 CAD
  • Listing ID: 39764202

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 4545 Us-501 Hwy N, Myrtle Beach, SC 29579

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