Listed by Alpha Real Estate Advisors, ALPHA REAL ESTATE ADVISORS, Bang Realty
$2,200,000
Birdie Houses – Myrtle Beach, SC
Details
Property Type Retail
Sub Type Single Tenant
Square Footage 5,004
Net Rentable (SqFt) 5,004
Cap Rate 8%
NOI $176,000
Occupancy 100%
Tenancy Single
Brand/Tenant Birdie Houses
Lease Type Absolute NNN
Lease Term 10
Remaining Term 10
Rent Bumps Yes
Lease Options 8 (5-Year Options)
Class A
Year Built 2025
Buildings 1
Stories 2
Acreage 0.500
Investment Type Sale/Leaseback
Tenant Credit Corporate Guarantee
Ground Lease No
Ownership Fee Simple
Sale Condition Sale for leaseback
10-Year Absolute NNN Backed by a Rapidly Scaling, Digitally-Driven Golf Hospitality Platform
Investment highlights
- 10-Year Absolute NNN Sale-Leaseback - Brand-new long-term lease delivering contractual income with zero landlord responsibilities.
- Corporate Guarantee – Birdie Houses, Inc. - Full corporate backing aligned with a rapidly expanding national platform.
- Digitally Native Demand Engine - 220K+ organic audience driving 95% direct bookings with zero paid advertising.
- Scalable National Expansion Strategy - Phased growth from single assets to clustered compounds in premier golf destinations nationwide.
Listing Contacts
Listed by Alpha Real Estate Advisors, ALPHA REAL ESTATE ADVISORS, Bang Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$176,000.00
$14,666.67/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
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