10607 Highway 707, Myrtle Beach, SC
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1 The Compass Center Highway 707, Myrtle Beach, SC Listing ID: Property Type: Office For Lease Office Type: Office Building, Medical Rental Rate: $13-14 PSF (Annual) Monthly Rent: $2, , Lease Types: NNN Contiguous Space: 2,500-65,000 SF Total Available: 65,000 SF Ceiling: 18 ft. Property Overview For Lease - The Compass Center Office Building 90,000 sf - High Image Office Building with Tilt-Up Concrete Construction. - Ideal for Data Center, Call Center or Health Care Facility - 65,000 SF Available for Single Landlord Tenant or Multi-Tenants. - 20,000 SF Available for Cafeteria and/or Fitness Center. Property Details - Insulated Tilt-Up Concrete Walls - Space Design Service Available - Industrial Space Available in Two Adjacent Buildings (+69,000 sf) - Live & Work by Murrells Inlet,Litchfield Beach & Pawleys Island. General Information Listing Name: The Compass Center Tax ID Number/APN: Office Type: Office Building, Medical Zoning: PD-SC(C) Building Name: Class of Space: Building Size (RSF): The New Compass Center Class A 90,000 SF Available Space Suite Floor: 1 Space Available SF: 65,000 SF Minimum Divisible SF: 2,500 SF Maximum Contiguous SF: 65,000 SF Space Subcategory 1: Office Building Space Subcategory 2: Medical Space Description: International Tenant occupies portion of Ground Floor. 65,000 sf available for lease $ 2.50 sf + Utilities Area & Location Market Type: Medium Property Located Between: Highway 707 Side of Street: Southeast Road Type: Paved Lease Rate: $13-14 PSF (Annual) Date Available: 05/22/2011 Lease Type: NNN Space Type: New Parking Spaces: 300 Equity Lease: Yes CAM Expenses (PSF): $2.50 Rent Escalators Description: Negotiable Rent Concession: Negotiable Property Visibility: Excellent Transportation: Bus, Highway, Airport Highway(s) Access: Highway 501 Interstate 95 Interstate 20 Airports: Myrtle Beach International Airport Site Description: Large 60" x 60" windows, tiled Atrium with massive skylights Amp Electrical Service plus Two Generator Pads. Over 300 parking spaces. Office area is enhanced shell for owner/tenant to customize the available 65,000 sf. Currently an International company occupies a portion of the building. Page 1
2 Area Description: The Compass Center Site in Myrtle Beach is located on growing Hwy 707 corridor with a planned 4 lane highway to be constructed soon. The Traffic count is 45,000 vehicles per day. The Compass Center Site in Myrtle Beach is located on growing Hwy 707 corridor with a planned 4 lane highway to be constructed soon. Commercial Highway Building Related Total Number of Buildings: 1 Tenancy: Multiple Tenants Number of Stories: 1 Year Built: 2007 Year Renovated: 2010 Roof Type: Flat Construction/Siding: Concrete - Tilt up Exterior Description: Out parcels available along road frontage for ground lease or purchase. Parking Ratio: 4 Parking Type: Surface Total Parking Spaces: 300 Parking Description: Campus Setting parking front and side. Heat Type: Electricity Heat Source: Ceiling Units Air Conditioning: Engineered System Internet Access: Cable Interior Description: Space Design Available on 30,000 SF shell spacing on each floor Land Related Zoning Description: PD-SC(C) Total Land Size: 6 Acres Surplus Land Available: 500,000 Location Address: Highway 707 Myrtle Beach, SC Topography: Soil Type: Easements: County: MSA: Level Mixed Utilities Horry Myrtle Beach-North Myrtle Beach-Conway Page 2
3 Property Images Front Stairs Current International Tenant #1 Ist Floor Lobby Common Area Conference Ist Floor Atrium Page 3
4 Tenant # 1 Front parking 2 hr drive-time : Port of Charleston Campus 1 hr drive-time : Port of Georgetown Side parking New Myrtle Beach International Airport - 12 Gates Page 4
5 Property Contacts Sid Bhatt Global Commercial Sales,LLC 5915 Vidal Lane Charlotte, NC [M] [O] Sid Bhatt, CCIM, began his commercial brokerage career in Myrtle Beach with Coldwell Banker Commercial, where he won awards for Top Listing and Sales Leader. Prior to being a commercial broker, Sid worked for over 20 years in sales and marketing management with Hewlett Packard/Agilent. He was instrumental in implementing several corporate real estate projects across US and Canada. He was awarded the Certified Commercial Investment Member (CCIM) designation in He is licensed in South Carolina and North Carolina but works on deals across US, Canada and Asia. Sid has traveled extensively and has direct contacts with key Hoteliers and Investors in USA and the Emerging Markets. He graduated from Fordham University with an MBA and has earned the Professional Development Certificate from Wharton School of Finance. Sid is a member of the CCIM Institute where he is among an elite group of just 9,000 professionals who hold the CCIM designation across North America and more than 30 countries. With CCIM affiliates throughout the country and in the Emerging Markets, Sid has exposure to numerous Real Estate opportunities that are not exposed on the open market. His clients consist of Individual Investors, Banks, Asset Managers, REITS, International Corporations and Private Equity Funds. Page 5
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