Retail•Free Standing Building•For Lease

4430 Kingsport Road

4430 Kingsport Road, Little River, South Carolina 29566

Lease Rate $32.50 /SqFt G
Bldg Type Single Tenant
Class A
Year Built 2019
Stories 1
Vacancy 100%
Gross Bldg 2,400 SqFt
Total Avail 2,400 SqFt
Avail 2,400 to 0 SqFt
Contig Space 2,400 SqFt
Land Area 3.99 Acres
Market Myrtle Beach-Conway-North Myrtle Beach
2,400 SF of restaurant space plus 1,800 SF of patio space call Broker for information on opportunity to own the Marina In the heart of Little River, on the intracoastal waterway - 2 miles from the ocean access

1 Spaces

Restaurant
2,400 SqFt
$32.50 G
1
3/1/2020
2,400 SqFt
2,400 SqFt
Gorgeous NEW Waterfront Restaurant space located directly on the ICW available for immediate lease and ready for your custom build out! Landlord is the GC who built the property and can finance some of your finishing touches. This is going to be a hot tourist spot but also popular for locals year round. The restaurant is 2,400 Sq. Ft. of interior space PLUS 1,800 Sq. Ft. outside deck area directly on the Intracoastal Waterway with indoor/outdoor bar, PLUS over 100 feet of dock for more dining area and your boating patrons to pull right up! This is the best spot in town for boaters. Only 3 miles from the open ocean with no wait for a bridge to open, so your customers could end up coming all the way from Florida if your oysters are that good! Perfect for an Oyster bar, with 1,300 gallon grease trap already installed, natural gas, and 600 amp electrical ready to go! Little River/North Myrtle Beach is a highly desirable area about a mile and a half from Cherry Grove Beach that is exploding! Just 30 minutes away from Myrtle Beach International Airport, right off US-17 (the main artery through the Grand Strand, connecting boaters from Wilmington to Myrtle Beach). Surrounding the restaurant and marina are new residential (1,600+ units and new development with another 140 homes going up in close walking distance). There's no noise ordinance so go ahead and book your live music on the deck! There are tons of retail, medical, and shopping centers, and over 10 golf courses in a 10 miles radius. The marina next door and the restaurant can be purchased together, and if ownership changes it will not affect the restaurant lease. Marina just had over 2 million in capital improvements completed including newly renovated bathrooms, new roof, dock, and a new 60 spot dry stack building to add more potential revenue to the 120 boat storage spots they already had. These rent for $250/month. Other revenue streams for the marina include the restaurant as a commercial tenant, a bait and tackle shop that can be rented again, a jet ski business bringing in $4500/month plus gas for 4 months out of the year (which would bring about 100 people a day to the restaurant), canvas, mechanic, and fiber glass shops on site, and a gas dock planned. Newly paved parking lot with approx 120 spaces is shared with the restaurant on the same parcel. Competition in the area is very limited and it would be very difficult to find enough space on the water with the right zoning for any new competitors to break into this market. This is also the only marina in the area with a 60 ft. crane to pull boats out of the water. To find a crane that big you would have to go all the way to Wilmington or Georgetown, so why not just have a drink at the restaurant while your boat is being repaired and fueled up at the Grande Harbour Marina!
2/21/2020 6:18:54 PM 3/23/2020 7:58:20 PM
Steve Radekopf
Broker-In-Charge
Radekopf & Associates
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