
For Sale
7-Eleven - Myrtle Beach MSA - New Construction
LINARES STREET & HWY 9 LORIS, SC
Sold
- Sold Price
- $9,412,915 - 5.35% CAP
- Lot Size
- 2.78 Acres
Listing Details
- Sold Price
- $9,412,915 - 5.35% CAP
- Lot Size
- 2.78 Acres
- Listing Type
- For Sale
- Status
- Sold
Oswald Cooke & Associates is pleased to present a corporate 7-Eleven convenience store in Loris, South Carolina (Myrtle Beach MSA), available exclusively to qualified investors. This new-construction asset is scheduled for tenant turnover in January 2026 and will be backed by a 15-year NNN corporate lease with 7-Eleven, Inc., featuring four (4) additional five-year renewal options. Strategically positioned along Highway 9, between Longs and Loris, the property benefits from exceptional visibility and access at the entrances of two major residential developments—The Forest at Black Bear (554 planned units) and Andalusia (202 planned units). A traffic signal is planned at the site entrance, enhancing accessibility and daily traffic flow.
The Loris/Longs submarket is experiencing rapid population and housing growth as residents are drawn to its relaxed pace, suburban character, and convenient proximity to Myrtle Beach amenities. The Myrtle Beach metropolitan area has been recognized by U.S. News & World Report as the #1 fastest-growing place in America for three consecutive years. With its mild climate, affordable cost of living, and business-friendly environment, the Grand Strand continues to attract young professionals, families, and retirees alike. The region boasts annual population growth of 3.03% and a 17.25% increase since 2020. Supported by strong demographics, favorable tax rates, and an expanding base of retail, medical, and residential development, this 7-Eleven represents a rare opportunity to acquire a new, corporate-backed, long-term NNN investment in one of the nation’s most dynamic growth markets.
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