Retail Space Rents in Myrtle Beach, SC
Rent costs for this type of commercial space depend on a variety of factors. The foremost of these is location, which will dictate how accessible a business is and how much foot traffic it gets. Other factors, such as space type and lease structure, also come into play. On average, retail space for lease in Myrtle Beach asks $28.28 per square foot.
Retail Space Lease Types in Myrtle Beach, SC
The most common type of lease agreement you’ll find here is NNN, with 7 space(s) available under this type of arrangement.
The local market is also home to 2 retail space(s) offered under a Full Service lease agreement type.
Most Common Type of Lease for Retail Buildings in Myrtle Beach, SC
Average Size of Retail Space for Lease in Myrtle Beach, SC
The average size for this type of rental opportunity in Myrtle Beach is more than 5,000 sqft. Currently, the local market offers 15 listing(s) within that size range.
You can also search 7 listing(s) in the 2,500 sqft to 5,000 sqft range.
It should be noted that spaces in this real estate category are generally specialized to cater to the needs of a particular business, so the average sizes of different retail space types can vary greatly.
Retail Space Types You Can Lease in Myrtle Beach, SC
Retail space in Myrtle Beach comes in all types, shapes, and sizes, so you have a good chance to find the right space for your business. The most common type here is listed as Anchor and you can find 1 such space(s) available.
Anchor spaces listed for rent here have an average size of 86,479 square feet. This space is defined by the relationship between the occupant and the larger property that the space is a part of, rather than by certain physical characteristics of the space itself. An anchor space generally refers to a large retail store, a department store, or a supermarket that is the dominant brand within the larger commercial property.
The local market is also home to 1 space(s) listed as Freestanding. The average size you can expect to find for this category is 16,722 square feet. Freestanding retail spaces or buildings are a great choice for businesses that need more room to carry out their day-to-day operations and want to stand out. Being located on their own lot and generally featuring more generous showroom and storage space than other such space types, freestanding retail offers tenants the leeway to build the experience they want.
What’s more, you can find 1 listing(s) in the Neighborhood Center category, currently available in the average size of 1,500 square feet. Functioning like smaller-scale community centers, this type of space brings together several categories of retailers and other businesses to fulfill most or all of the needs of the population in the surrounding area.
However, besides these popular subtypes, the market has a lot to offer for entrepreneurs looking for the right space to promote their business and get their goods to customers.
Top Locations to Lease Retail Space in Myrtle Beach, SC
In general, the most successful retail businesses are located within relatively close proximity of each other, which leads to some neighborhoods becoming famous shopping destinations. Even in the case of suburban strip malls, the simple fact that so many different products can be purchased under the same roof can encourage customers to spend more.
Downtown Myrtle Beach is your top choice for lease opportunities, as it is currently home to the highest number of listings — 12 retail space(s).
Myrtle Beach’s second most popular area is Forest Dunes, where you can find 6 retail listing(s).
Market Common is also among the best areas to search for your next commercial space. Here you can find 3 retail space(s) available for consideration by prospective tenants.
Key Factors to Consider When Choosing a Retail Space for Lease
When you’re looking to give your business a storefront, there are a lot of decisions to be made. The first choice is, of course, location. You’ll have to decide whether your business would operate better in the heart of the city or if it is more likely to thrive in a suburban setting.
Data based on retail spaces listed for rent on CommercialSearch.com
6105 N Kings Hwy, Pine Lakes Country Club, Myrtle Beach, SCProperty
512 S Kings Hwy, Scott Acres, Myrtle Beach, SCProperty
1200 Coastal Grand Circle, Konig, Myrtle Beach, SC
1390 Farrow Pkwy, Myrtle Beach International Airport, Myrtle Beach, SCProperty
754 Oak Forest Ln, Heart of Myrtle Beach, Myrtle Beach, SC
7th Avenue North, Downtown Myrtle Beach, Myrtle Beach, SCProperty
Hwy 17 & 62nd Ave, Forest Dunes, Myrtle Beach, SC
1311 North Kings Hwy, Downtown Myrtle Beach, Myrtle Beach, SCProperty
1410 N Ocean Blvd, Downtown Myrtle Beach, Myrtle Beach, SCProperty
504 Yaupon Drive, South Myrtle Beach, Myrtle Beach, SCProperty