Coastal Wellness Center | Myrtle Beach, SC
Sands Investment Group is Pleased to Exclusively Offer For Sale the 67% Occupied Coastal Wellness Center Absolute NNN Asset Located at 4955 US Highway 17 Bypass South in Myrtle Beach, SC. This Deal Features Absolute NNN 7-Year Sale Leasebacks With No Landlord Responsibilities and 2% Annual Increases With Top Providers For Addiction Care, Providing For an Value-Add Investment.
- Coastal Wellness & Coastal Care Stand Out as One of the Top Providers For Addition Care Since 2016 in Horry County Conveniently Located on I-17
- Absolute NNN Sale Leaseback Property With No Landlord Responsibilities and 2% Annual Increases
- 2.5% Rent Coverage Ratio From EBITDA | 9% Rent to Sales Ratio
- Conveniently Located in a Heavy Medical Retail Corridor Near South Strand Medical Center, Publix, Starbucks, McDonald’s, Goodwill and Smoothie King
- Located Off Highway 17, Which Has 55,152 VPD
- 4.2% Annual Population Growth
- 67% Occupied Center With a Value-Add Opportunity to Lease Out the Remaining 2,626 SF
- Coastal Wellness Has 2 Locations and Select Laboratories Has 65 Locations
In Cooperation With Sands Investment Group Charleston, LLC Lic. #20891 BOR: Chris Sands – Lic. SC #93103
View Similar Investment Opportunities
Read Additional Thought Leadership Content From SIG, Specializing in Absolute Triple Net Lease Opportunities