Updated Jul 2, 2025
Brentwood Realty Acquires Braves Village Shopping Center In Myrtle Beach For $7.4M
5387 5423 Dick Pond Road
$7,400,000
$121/SF
Building Size
60,914 SF
Asset Type
Retail
Closing
Jul 1, 2025
About this deal
AI
A 60,914 SF retail property located at 5387-5423 Dick Pond Road in Myrtle Beach, SC has been sold for $7,400,000. This retail asset, known as Braves Village Shopping Center, is anchored by Food Lion and is situated in a growing market area.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,400,000
- Address: 5387-5423 Dick Pond Road
- Market: Myrtle Beach, SC
- Square Footage: 60,914
- Price Per Square Foot: $121
- Buyer: Brentwood Realty
- Seller's Representatives: Lori Schneider & David E. Gant - Marcus & Millichap
Marcus & Millichap facilitated the transaction, with brokers Lori Schneider and David Gant representing the seller and sourcing Brentwood Realty as the buyer for the property.
On the Map
$7,400,000
$121/SF
Retail
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Myrtle Beach Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.14%
Cash-on-Cash
-0.61%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93