Commerce

Prince Creek Village

11920 Highway 707 11920 Hwy 707, Murrells Inlet, SC, 29576, US

Prince Creek Village_Propriétés en vente

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Prince Creek Village 2_Propriétés en vente

Description de l'actif

Jones Lang LaSalle, Inc., a South Carolina licensed real estate broker (“JLL”), has been retained as the exclusive sales representative for Prince Creek Village, an 18,035 SF essential retail shopping center shadow-anchored by Publix. The 100% occupied Property is located in Murrells Inlet, SC a popular tourist destination situated along the highly trafficked Highway 707 (22,500 VPD).


With 4 years of WALT at 100% leased, the Center provides reliable cash flow with proven tenant loyalty as over 40% of the total income has recently renewed for approximately 5 years. The Property also benefits from its shadow anchor, Publix, the #1 most visited Grocer in the Southeast in 2020.


Prince Creek Village is situated in the #1 Fastest Growing City in the Southeast with a significant population growth of 30% since the 2010 US Census. In addition to the rapid population growth, the Myrtle Beach MSA continues to thrive with over 20 million annual visitors flocking to its beaches and attractions.


Danny Finkle: Limited Nonresident Commercial Real Estate Broker/Salesperson'

Caractéristiques

Building area gross
1 676 m²
Occupation
1,00 %
Année de construction
2017
Land area Gross
0,01 km² (12 829 m²)
NOI
454 000 €

Informations Clés

  • PUBLIX SHADOW ANCHORED
  • DIVERSE INCOME STREAM & TENANT MIX
  • STEADY CASH FLOW WITH SIGNIFICANT TENANT LOYALTY
  • DOMINANT COASTAL MARKET
  • NEW DEVELOPMENT DRIVES DEMAND
  • ANNUAL CONTRACT RENT INCREASES & MARK-TO-MARKET RENTAL OPPORTUNITY
Prince Creek Village 4_Propriétés en vente
Prince Creek Village 4_Propriétés en vente

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Dernière mise à jour
1 déc. 2022