Retail Space For Lease @ 1228 Port Dr
1228 Port Dr, Myrtle Beach, SC 29577
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Peter P.
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This is an excellent opportunity for the purchase of a fully leased property. The tenants are both well established and have been at this [location for over 25 years. Annula rental income is $112,800 . Both businesses and real estate generate positive cash flow with exceptional cap rates. Foreign car service center specializing in foreign car (Porsche-Mercedes) repairs consistently has strong profit for the last several years occupies 2/3 of the building. Other tenant is a swimming pool contractor who has been at this location since day one. Owner of building is retiring and wants to travel. We have ability to extend the lease terms for up to 10 years. Annual increases are in the leases. This space offers accomodations for: free standing building.
Pricing: Negotiable
Availability: Now
Listing ID: 3168954