1604 American Way , Lot 47

Description

Dont miss this rare investment opportunity to own a 7,340 SF Office/ Warehouse building for sale in the highly sought after North Industrial Park area offered at a 6% CAP rate. Building is fully leased , 3% rental escalations per year, true Net Lease; Tenant pays all expenses including taxes, insurance, common area maintenance, landscape, etc. Building consists of 1,180 SF office, 1,180 SF loft space, 350 SF covered loading dock and 4,630 SF Warehouse. Building features a customer service/reception area, break room with kitchenette, 2 offices, 1 large managers office/conference room and 2 handicap accessible restrooms. Warehouse has 18 ceiling height with two 12x12 overhead doors, and a hard-to-find sunken loading dock, Zoned LM. Property is also fully equipped with an irrigation and security system. Building is located on a 0.51-acre lot featuring 112 of frontage on American Way. Don't miss your opportunity to own in Myrtle Beach's premier industrial park with convenient access to all major thoroughfares. Centrally located between highways 501, Hwy 22, 17 Bypass, 17 Business, Grissom Parkway and just steps away from Myrtle Beach International Airport. This property is a must see!