MYRTLE BEACH - HWY 501
South Carolina
MYRTLE BEACH - HWY 501
South Carolina
OVERVIEW
Myrtle Beach, South Carolina features 60 miles of beautiful coastline and attracts over 15 million visitors annually. The Grand Strand area is a paradise for beach goers, but also offers exceptional dining, golfing, live entertainment and of course great outlet shopping located on Hwy 501, the main artery into the heart of Myrtle Beach.
CENTER FACTS
  • 4635 Factory Stores Blvd
    Myrtle Beach, SC 29579
  • 426,523 S.F.
    Gross Leasable Area
  • 841,248
    Population (60 miles)
  • Hwy 501 - 48,000
    Daily Traffic Count
  • 467,292 - Myrtle Beach-Conway-North Myrtle Beach, SC-NC
    MSA Population
  • Wilmington, NC (56 miles) Charleston, SC (95 miles) Columbia, SC (130 miles)
    Major Cities
GALLERY
LOCATION
SITE PLAN
OUTPARCELS
  • Pad A: +/- 14,400 SF building size, land area +/- 0.82 acres
  • Pad B: +/- 14,000 SF building size, land area +/- 1.10 acres
  • Lot E: land area +/- 1.22 acres
AERIALS
MARKET SNAPSHOT
  • Myrtle Beach is a popular destination for beach and golf tourists of 15 million annual visitors and a popular relocation destination.  Tourism plays a major role in the economy, creating over $6.3 billion in spending in Horry and Georgetown counties.
  • The Grand Strand, the 60-mile stretch of land between Little River and Georgetown, the Myrtle Beach market, is strategically located in the northeastern corner of the Palmetto State between the port cities of Charleston, SC and Wilmington, NC and halfway between New York and Miami.
  • Myrtle Beach has over 94,000 hotel rooms and accommodates meetings as large as 5,000 attendees every year. New sports facilities recently opened in North Myrtle Beach attracting over 20,000 sports tourists in its first year of operations. 
  • Myrtle Beach is known as the “Golf Capital of the World” with over 100 world-class golf courses, making it the best golfing destination in the country.
  • The Myrtle Beach Metropolitan Statistical Area (MSA)  is consistently considered one of the fastest growing communities in the US, with 67.5% population growth from 2000 to 2010.  With the 35-54 age group growing by 27% during that time frame largely due to a very attractive low cost of living with great amenities for all age groups.
  • In 2013, the Myrtle Beach area garnered prestigious awards and designations ranging from the "World's Best Beach" by Yahoo! Travel, one of the best family vacation spots by Flipkey and Trip Advisor, "Overall Value for Money Destination" and seven of the "Top 100 Public Golf Courses in America" by Golf Digest.
DEMOGRAPHICS (0-60 MILES)
841,248
Population
340,821
Households
224,923
Families
43.4
Median Age
$61,598
Avg Household Income
shopper profile Myrtle Beach - Hwy 501 Portfolio Benchmark

Females 73% 75%

Average Age 48.3 46

Average Household Income $91,356 $91,837

Race-Caucasian 77% 71%

Race-Hispanic or Latino 2% 5%

Race - African American 8% 7%

Race - Asian 1% 7%

Marital Status- married 73% 73%

Local Resident Shoppers 30% 58%

Tourist (self-defined) 61% 42%

general shopping patterns Myrtle Beach - Hwy 501 Portfolio Benchmark

Shopping Frequency (trips per yr) 6.8 8.2

Percentage of First Time Visitors 23% 17%

Avg # of Stores Visited 9.9 8.7

Avg # of Stores Purchased In 4.5 4

% of shoppers making a purchase 95% 95%

Length of Shopping Visit 129 minutes 129 minutes

Average Size of Shopping Party 3.6 3.1

Average Shopping Expenditure $248 $243

Average Perceived Savings 37% 36%

Additional demographic information
and statistics are available in the leasing packet.
Additional demographic
information and statistics are
available in the leasing packet.