INLET CROSSING- REDEVELOPMENT MURRELLS INLET, SC. For

INLET CROSSING- REDEVELOPMENT
MURRELLS INLET, SC.
GENERAL INFORMATION
For Lease
MAP
• Redevelopment of Well-Established
Center on a very Unique Site
• Strategically postioned to service both
the Residential & Tourist Markets
• 58,000 SF Retail Center on 7+ Acres
Site with Six Points of Access
• Accessible from Traffic Signals on
Highways 17 Business and Bypass
• 58,000 SF to accomodate Anchor,
Junior Anchors & Shop Tenants
• Outparcel Opportunity Available
For Leasing Information Contact
Will Hudson
Tel (843) 626-3400
Cell (843-503-0162
[email protected]
Keystone Commercial Realty, LLC, has prepared this document in order to market the sale of the above assets. The information
contained herein has been compiled from sources believed to be reliable, but is in no way warranted or guaranteed by Keystone.
Anyone considering this real estate opportunity is specifically urged to perform his/her own investigation of the information
contained herein.
Site Summary
Ladies
Shop
Fitness Center
Bar
Dollar
General
Tanning
Jewelry
Nail
Salon
Gifts
Gifts
.51 Acre
Outparcel
Available Inline Space & Outparcel
Approximately 58,000 Square Feet
Approximately 6.6 Acres Site
Zoned Highway Commercial (HC), County of Horry, SC.
Approximately .51 Acre Outparcel
Site
Aerial
Kings Grant
Neighborhood
Cypress Keys
Neighborhood
Garden City
Neighborhood
Inlet Estates
Neighborhood
Summer Lakes
Neighborhood
Sunnyside
Neighborhood
Bellview
Neighborhood
Mt Gilead
Neighborhood
Cedar Point
Neighborhood
Oak Bend
Neighborhood
Murrells Inlet Market Area
Prince Creek
International Club
Proposed
Remaining Potential 2014 Sales Years to
Units Occupied
Units
Pop Growth
Pace
Build-out
5,760
3,646
2,114
4,431
157
13.5
2,450
1,828
622
1,304
62
10.0
Murrells Inlet Market Area
Murrells Inlet Market Area
Mt Gilead Subdivision
Mt Gilead
Residences: 360
2010 Census Pop: 935
Avg HHld Size: 2.6
Mkt Area Avg HHld Size: 1.94
34% higher than average
2010 Avg HHld Income: $97,257
2010 Total Income: $35,000,000
2014 Avg Resale Price: $340,000
2014 Resales: 26
Grocery Competition
Store
Street
WM Neighborhood Groc
KROGER
FOOD LION
WAL-MART
FOOD LION
LOWES FOOD
BI-LO
BI-LO
FOOD LION
PIGGLY WIGGLY
TOURNAMENT BLVD
2939 HWY 17 SOUTH
760 MINK AVENUE
545 GARDEN CITY CON.
901 GARDEN CITY CON.
11903 HWY 707
4430 HIGHWAY 17 BYPASS
1610 HIGHWAY 17 SOUTH
2292 GLENNS BAY ROAD
122 HIGHWAY 17 NORTH
0 - 1 mile count: 3
1 - 3 mile count: 5
YearBlt Distance
TBD
1996
1999
2011
1999
2008
2005
1999
2000
1978
0.5
0.8
1.0
1.2
1.4
1.7
2.0
2.5
3.2
3.6
3 - 5 mile count: 2
1-3-5 Mile Demographics
1-3-5 Residential Population Comparison
Carolina Forest
Coastal North Town Center
Radius
1
3
5
2010
Population
3,092
17,990
31,031
2015 Estimated
Population
3,297
19,123
33,182
Site - Inlet Crossing
Radius
1
3
5
2010
2015 Estimated
Population
Population
4,308
4,337
22,976
25,138
44,083
48,113
Radius
1
3
5
2010
2015 Estimated
Population
Population
2,482
2,597
25,013
27,028
57,784
61,941
Tourist Capacity Demo Adjustments
Pop + Tourist
2015 Estimated Capacity @ Pop + Spring Pop + Summer Pop + Fall Pop + Winter Annual
Radius 2010 Population Population
100%
54%
75%
47%
30%
Average
1
15
4,337
4,337
4,337
4,337
4,337
4,337
4,337
3
1,123
25,138
51,771
39,520
45,113
37,656
33,128
38,854
5
2,015
48,113
91,310
71,439
80,511
68,416
61,072
70,360
Average Household Income
Radius
1
3
5
2010 Census Avg
Hhold Income
$65,734
$63,120
$65,989