Investment Overview

JTU Net Lease Group along with Marcus & Millichap are pleased to offer for sale, the fee simple interest in this Popeyes, a quick service restaurant, in Myrtle Beach, SC. The Popeyes is located at 2123 Highway 501, Myrtle Beach, South Carolina. The property consists of a single-story 2,529 sqft building on a 0.91 acre lot. The Popeyes will start a new 20 Year lease on November 1st of 2024. Built in 2024, the property is within 2 miles from the beach and half a mile from major national tenants including Walmart, Costco, Home Depot, TJMAXX, Target, AMC, Cracker Barrel, Golden Corral Buffet & Grill, Waffle House, and more. The property is walking distance from Home Goods, Michael’s, Total Wine and more. Right off US-Hwy 501 Myrtle Beach’s main thoroughfare also benefiting from its location near USHwy 17. Economic growth in Myrtle Beach has been driven by a rising population and the state’s success at attracting new industries, particularly in hospitality and tourism. In addition to tourism, Myrtle Beach has fostered a probusiness environment that encourages investment and entrepreneurship. The local government offers various incentives and support for businesses, contributing to economic diversification and job creation. This favorable business climate has attracted companies from various sectors, including technology, healthcare, and retail, providing a robust economic foundation for the city’s growth.