Net-lease investment offering

7-Eleven

4995 Socastee Blvd., Myrtle Beach, SC

$9,844,454Asking price
4.85%Capitalization rate
$477,456Net operating income
14 yearsTerm remaining
Offering memorandumComplete investment materials
Request OM
Teddy Leonard
Teddy LeonardManaging Principal - Austin
Lic # TX: 631339-B
7-Eleven
Corporate-guaranteed · Absolute NNN

Offering Details

Investment Economics
Asking Price$9,844,454
Capitalization Rate4.85%
Net Operating Income$477,456
Lease Profile
Tenant7-Eleven
Lease TypeAbsolute Triple Net (NNN)
GuarantyCorporate
Landlord ResponsibilitiesNone
Term Remaining14 years
Renewal Options4 x 5 Yr
Property
Property TypeConvenience / fuel
Building Area4,160 SF
Land Area2.165 acres
Year Built2025

Investment Overview

STONECLIFF is pleased to present the exclusive listing for a 7-Eleven located at 4995 Socastee Blvd.. Myrtle Beach, SC 29588. The site consists of roughly 4,160 rentable square feet of retail space on an estimated 2.165-acre parcel of land. This 7-Eleven is subject to a 15-year Absolute Triple Net (NNN) Lease with 14 Years Remaining. The annual rent is $477,456 with scheduled 10% rental increase Every Five Years in Primary Term and Option Periods.

  1. 01
    Dynamic, High-Growth Trade Area

    The site sits within a dense 3-mile trade area of 41,000+ residents with average household income of $82,480, inside Horry County — one of the fastest-growing counties in South Carolina, itself the fastest-growing state in the nation.

  2. 02
    Outsized Tourism-Driven Demand

    Myrtle Beach drew a record 18.2 million visitors in 2024, generating $13.2 billion in visitor spending and supporting roughly half of the regional economy — a substantial layer of transient traffic and consumer spending on top of the resident population base.

  3. 03
    High-Traffic, High-Visibility Corridor

    The property sits at a signalized intersection on Socastee Boulevard (27,500 VPD) at Dick Pond Road (16,900 VPD), minutes from Myrtle Beach International Airport (149,000+ annual flights), ensuring consistent commuter and visitor exposure.

  4. 04
    Deep, Diversified Demand Generators

    Located directly across from Socastee High School (1,700+ enrollment) and surrounded by an established national retail base (Walgreens, Taco Bell, Dunkin’, Burger King, Little Caesars), the site benefits from steady institutional and retail-driven traffic independent of seasonal tourism swings.

Location & Market

Myrtle Beach, SC · 4995 Socastee Blvd., Myrtle Beach, SC

The property is located in Myrtle Beach, SC. The map and market indicators below summarize regional access, demographics, and surrounding demand drivers.

Aerial market map for 7-Eleven
27,500sits at a signalized intersection on Socastee Boulevard traffic
16,900at Dick Pond Road traffic
$82,480,Average household income