Licensed South Carolina Real Estate Broker — Affiliated with G Brokerage

Sell Your Commercial Property in Myrtle Beach, SC

Myrtle Beach is South Carolina's tourism capital, drawing over 20 million visitors annually to the Grand Strand's 60 miles of coastline. This tourism volume — generating approximately $14 billion in annual economic impact — creates commercial real estate dynamics fundamentally different from inland markets: seasonal revenue patterns, hospitality-driven tenant demand, and a buyer pool that includes both income investors and lifestyle purchasers. For commercial property owners, the Grand Strand's visitor economy means your property's value is driven by tourism metrics as much as traditional real estate fundamentals. Understanding these dual dynamics is essential to maximizing your sale outcome.

No upfront feesConfidential process$500K - $10M+ properties
2x
Dual Expertise
Business broker + CRE advisor. Most brokers only do one.
90
Day Avg. to Offer
Well-priced properties with strong financials attract fast offers.
$0
Upfront Cost
Success-based fees only. You pay nothing until your property sells.
Market Intelligence

Myrtle Beach Commercial Real Estate Market

Myrtle Beach's commercial real estate market runs on tourism — 20 million annual visitors generating $14 billion in economic impact create demand for hospitality, restaurant, retail, and entertainment properties that is unmatched in South Carolina. The Grand Strand's 60-mile coastline from Little River to Pawleys Island provides the geographic framework, with commercial density concentrated along Ocean Boulevard, Kings Highway, US-17 Bypass, and the US-501 corridor connecting the beach to Conway and I-95. Understanding seasonal revenue patterns is essential: peak summer months generate 40-50% of annual revenue for many tourism-dependent properties.

Beyond tourism, the Grand Strand's permanent population exceeds 480,000 and is growing rapidly, driven by retirees and remote workers drawn to coastal affordability relative to Charleston or Florida. This year-round resident base supports commercial demand that extends beyond the tourist season: grocery-anchored retail, medical office, and professional services maintain occupancy regardless of tourism cycles. Conway Medical Center (now McLeod Health) and Grand Strand Medical Center anchor healthcare demand. Coastal Carolina University in Conway adds 12,000 students. The industrial market along US-501 and SC-544 serves distribution and construction supply tenants.

Myrtle Beach's buyer pool splits into two distinct segments: hospitality and tourism-focused investors who understand seasonal revenue patterns and underwrite to annual metrics, and year-round fundamentals investors who target healthcare, grocery-anchored retail, and professional office serving the permanent population. Properties that cross both segments — tourist-enhanced retail that also serves residents — attract the broadest competition. For sellers, correctly identifying which buyer segment matches your property and presenting financials in the format that segment expects is the key to competitive offers.

35,000+
Population
2.8% annually
Annual Growth
38000
Median Income
0.04
Unemployment
Major Employers: Tidelands Health, Horry County Schools, Coastal Carolina University, Conway Medical Center, Burroughs & Chapin
Economic Drivers: Tourism & Hospitality, Retail, Healthcare, Education, Real Estate Development
What's Selling

Top Property Types in Myrtle Beach

01

Retail & Entertainment

The Grand Strand's tourism economy creates demand for hospitality, entertainment, and restaurant properties that is unmatched in South Carolina. Oceanfront hotels, family entertainment centers, miniature golf courses, and beachfront restaurants operate in a market where 20 million annual visitors generate massive foot traffic during peak months. Properties along Ocean Boulevard, Kings Highway, and the Broadway at the Beach entertainment district command pricing driven by tourism metrics — revenue per available room, seasonal occupancy patterns, and entertainment spending per visitor. Sellers of hospitality properties need to present financials in a format that tourism-focused investors expect.

02

Hospitality & Mixed-Use

The Grand Strand's rapidly growing permanent population — now exceeding 480,000 — drives year-round retail demand that is increasingly separate from tourism. Grocery-anchored centers with Harris Teeter, Publix, or Kroger anchors along US-17 Business and in Surfside Beach, Murrells Inlet, and Carolina Forest serve the resident base regardless of tourist season. These properties attract a different buyer profile than tourism-dependent retail — fundamentals investors who value the population growth story and year-round income stability. Cap rates for resident-serving retail run tighter than tourism-dependent properties.

03

Industrial & Service

Grand Strand Medical Center and McLeod Health operate major hospital campuses serving both the permanent population and injured or ill tourists. The growing retiree population — Myrtle Beach consistently ranks among top retirement destinations — amplifies healthcare utilization well beyond what the working-age population would produce. Medical office along 82nd Parkway, the Robert Grissom Parkway medical corridor, and in Murrells Inlet serves physicians and specialists who treat a patient base drawn from the entire Grand Strand. Multi-tenant medical buildings with long-term leases achieve the tightest cap rates in the non-tourism Myrtle Beach market.

Thinking About Selling Your Myrtle Beach Commercial Property?

Get a confidential, no-obligation valuation. Understand what your property is worth in today's market before you commit to anything.

Schedule Your Free Consultation
Market Data

Myrtle Beach Cap Rate Ranges

Property TypeTypical Cap Rate
Industrial7.0% - 9.0%
Retail6.0% - 8.5%
Office7.5% - 10.0%
Mixed-Use6.0% - 8.5%
NNN Lease5.0% - 7.0%

Cap rates vary significantly by location and tourism exposure. Beachfront and high-traffic corridors command premiums.

Your Advisor

Why Myrtle Beach Property Owners Work With John Salony

Dual Expertise

Most CRE agents don't understand business valuations. Most business brokers don't do real estate. John does both, giving you a complete picture of your property's value.

No Wasted Time

Pre-qualified buyers. Realistic pricing from day one. Clean financials and marketing materials that attract serious offers, not tire-kickers.

Confidential Process

Your tenants, employees, and competitors won't know you're selling until you're ready. Every step is managed with discretion.

Success-Based Fee

You pay nothing upfront. John's fee is earned only when your property sells. Your interests are fully aligned.

Common Questions

Selling Commercial Property in Myrtle Beach

Retail and entertainment in tourism corridors are strongest, along with hospitality properties and NNN investments.
Most sales take 4 to 10 months. Tourism-corridor properties with strong revenue attract the most interest.
Myrtle Beach cap rates vary dramatically between tourism-dependent and year-round properties. Oceanfront hospitality and entertainment trade at 7.0% to 10.0%, reflecting seasonal risk and capital intensity. Year-round grocery-anchored retail ranges from 6.0% to 8.0%. Medical office near hospital campuses trades at 6.0% to 8.0%. US-17 corridor retail ranges from 6.5% to 9.0%. Industrial along US-501 trades at 7.0% to 9.5%. NNN properties with national tenants achieve 5.0% to 6.5%. Tourism properties require annualized underwriting to properly compare cap rates.
Yes — and Myrtle Beach's tourism economy makes combined transactions extremely common. Hotels, restaurants, entertainment venues, and golf operations frequently sell as combined business-and-real-estate packages because the tourism-dependent business value is inseparable from the beachfront or high-traffic location. John Salony structures these deals to capture both the operating business value (seasonal revenue, brand reputation, customer base) and the Grand Strand real estate premium, including sale-leaseback options for operators wanting to monetize property while continuing operations.
The Grand Strand's permanent population growth continues outpacing national averages, tourist visitation is setting new records, and healthcare demand rises annually with the retiree influx. Properties serving the year-round population offer increasing stability as the resident base grows. Tourism properties benefit from the Grand Strand's scale — 60 miles of coastline and 20 million annual visitors create a market that individual properties cannot easily replicate. A confidential consultation can help you understand whether your property's value is best captured by tourism-focused or fundamentals-focused buyers.
Take the First Step

Your Myrtle Beach Property Has a Number.
Do You Know What It Is?

A 30-minute confidential conversation. No pressure. No obligation. Just an honest assessment of what your commercial property could sell for in today's market.

Also Serving Nearby Markets

Licensed SC Real Estate Broker REL.138767 B | Affiliated with G Brokerage Commercial Real Estate Inc.
hiker in nature

Connect with Me

100% Confidential