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15189929
15189930

1650 Church St, Conway, SC 29526

AC
SC SC 60056, NC LC566
Tradd Commercial, LLC Myrtle Beach
Tradd Commercial, LLC Myrtle Beach
Listed by Tradd Commercial, LLC Myrtle Beach
$5,300,000
834 days on market
Updated 43 days ago
Opportunity zone

Celebration Square

Details
APN 33810010002
Property Type Retail
Sub Type Restaurant
Square Footage 12,135
Units 2
Occupancy 27%
Brand/Tenant McAlister's Deli
Price per SqFt $437
Broker Co-Op Yes
Class A
Year Built 2021
Year Renovated 2021
Buildings 1
Stories 1
Acreage 2.940
Zoning HC
Investment Type Value Add
Ownership Fee Simple

Retail/Restaurant Duplex located at prominent signalized intersection

Marketing description

1650 Church is a 12,135 square foot retail-restaurant duplex located at the signalized corner of Church Street/Highway 501 and Mill Pond Road in Conway. Custom built in 2021, this property is divided into two restaurant units; McAlister’s Deli and a 350-seat former steakhouse. Each unit is equipped with a drive-thru, allowing for concept flexibility. Triple-lane ingress/egress from Church Street/501 and double lane ingress/egress on Mill Pond Road provide an ease of flow at this high traffic intersection. McAlister’s Deli occupied the property in 2021 and signed a 15 year, NNN lease. Subject property is located at the corner of Church Street/Highway 501, one of the Grand Strand’s major traffic arteries, and Mill Pond Road, secondary thoroughfare that serves as an interior beltway around Conway’s Central Business District. This submarket has experienced stability due to it being the hub of county government services, industry, and higher education in Horry County. Conway has seen annual growth rate of 5.96% and has grown 22.9% since the 2020 census. Two additional master-planned developments located off Highways 701 & 378(with connectivity via Mill Pond Road) will add an additional 5,000 units to Conway by 2030.

Investment highlights

Located at signalized corner of major regional traffic artery

2021 construction with modern architecture

Abundant parking and double ingress points provide ease of access

Successful corporate user mix located within immediate area

Listing Contacts

AC
SC SC 60056, NC LC566
Tradd Commercial, LLC Myrtle Beach
Tradd Commercial, LLC Myrtle Beach
Listed by Tradd Commercial, LLC Myrtle Beach

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Additional Information

Name
Adam Cates, CCIM, SIOR
License
SC 60056
Brokerage
Tradd Commercial of Myrtle Beach
Brokerage Phone
8433334190
Title
Senior Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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