Hwy 707 and Oak Hampton Drive, Murrells Inlet, SC 29576-9737 For Sale

STRONG LEASE FUNDAMENTALS

• NN Lease Provides Minimal Landlord Responsibilities
• Corporate Guaranty by Heartland Dental
• 10% Rental Increases every 5 years, including option periods

LARGEST DENTAL ORGANIZATION GUARANTY

• Heartland Dental is the largest dental support organization in the United States
• Over 1,800 Locations
• 2023 Total Revenue was $3B

HIGHLY VISIBLE SITE NEXT TO PRINCE CREEK VILLAGE CENTER

• Cross access to a lighted intersection off of Hwy 707 (24.7K VPD)
• Over 1.8MSF of retail space located in a 2 mile radius
• Nearby National tenants include: Home Depot (#1 in the state), Walmart, & Publix
• Cross access to Prince Creek Village, a Publix Anchored Center, and Magnolia Bridge at Murrells Inlet, a 107 unit senior living complex
• Over 2.8K homes are located in a 1-mile radius

HIGH GROWTH MURRELLS INLET – A TOP VACATION MARKET

• Murrells Inlet population increased by more than 6.21% in 2021-2022, while median HHI increased 4.47% in same time span (DataUSA)
• Over 17.6M people visited Murrells Inlet in 2023, accounting for over $12.5B in economic impact by direct visitor spending, a 4.7% increase from 2022

MYRTLE BEACH MSA

• Over 36K people live in a 3-mile radius, which has grown at an annual rate of 3.3% over the last 5 years (According to
• Myrtle Beach has been named the fastest grown City in the US for a 3rd straight year (U.S. News & World Report 2023)
• 42% increases from 2010

LOCATED IN HEALTHY RETAIL TRADE AREA

• Over 138K SF of absorpotion in last 12 months with a 0.6% vacancy rate