With an average of 230 days of sunshine each year, a low cost of living, and endless recreational activities, Charleston is a joy to call home. As the second most popular place to live in the U.S., metro Charleston is booming, not only with new residents but with new construction and property investment opportunities too. But with the Tri-County's rapid rate of growth comes increased real estate demand and complexity. That's especially true for commercial real estate transactions. According to CoStar, near-zero vacancy rates and short supply have forced rents and sales to reach record highs. At the same time, online medical and grocery purchases, along with last-mile delivery needs, have driven a new desire for industrial space.
It's safe to say that there is a lot of opportunity on the table for commercial real estate sellers and investors in South Carolina. But capitalizing on that opportunity without the proper market knowledge, relationships, or risk analysis can actually be counterproductive to your goals. That's where Coldwell Banker Commercial Atlantic's commercial real estate brokers in Charleston, SC, come into play.
As experts in the commercial real estate industry for more than 37 years, our brokerage provides the highest level of service to clients in today's rapid, constantly-changing business climate.
At Coldwell Banker Commercial, we pride ourselves on having local power and a global presence. Our clients entrust their complex and lucrative commercial real estate deals to us because they understand the value of working with brokers who are familiar faces within the community. On any given day, you could be standing next to one of our brokers at a grocery store or local restaurant. As your friends and neighbors, we're proud to call the Lowcountry home. Though we have local roots, our resources and expertise are backed by a global network. That power gives our commercial real estate clients peace of mind, knowing they have access to a dynamic and diversified brokerage of highly-trained and educated agents.
From general commercial leasing services and property management to investment guidance and new property site selection, our team works tirelessly to exceed your expectations and meet your goals. Whether you're looking to buy, sell, lease, or develop, our commercial real estate brokerage in Myrtle Beach, SC provides the up-to-date advice and time-tested market knowledge needed to facilitate any commercial real estate transaction, large or small.
Some of the commercial real estate specialties we focus on in South Carolina include:
At the end of the day, our commercial brokers and agents aren't satisfied until you're a happy customer. That's why every service and decision we recommend is made with your best interests in mind.
Perhaps you're in a situation where you need more space for a growing business. Maybe, instead, you want to capitalize on low-interest rates and buy a commercial real estate investment property to bolster your portfolio. Whatever your needs may be, whether as an investor or a small business owner, your goals are probably the same: lock in the best value and negotiate optimal terms for leasing, buying, or selling. When it's all said and done, you want to minimize expenses and maximize your ROI.
Unfortunately, commercial real estate is complex by nature. Given today's ever-changing real estate landscape and the challenges of our economy, working with a commercial real estate agent is the savviest way to save money and lessen the likelihood of making a poor investment.
That's because the very best commercial real estate brokers, like those at Coldwell Banker Commercial Atlantic, do more than putting "for sale" signs in yards and in newspapers. They have the tools and training to source and present research apropos to your commercial real estate purchase or sale. They also have the ability to provide transaction and advisory services to ensure every aspect of your CRE process goes smoothly and efficiently. But we're getting ahead of ourselves. Here are a few of the biggest reasons to work with a commercial real estate broker in South Carolina.
Unsurprisingly, money is one of the biggest reasons why people steer clear of CRE brokers - for the cost savings. Yet, just about every commercial real estate transaction is managed by a commercial real estate brokerage. Why might that be? The answer is that smart business owners, executives, and investors know that the most lucrative cost savings stem from good planning, time management, and successful negotiations. Only an experienced commercial real estate broker can provide you with those features while also properly structuring your commercial real estate deal.
Commercial real estate investors and business owners often have jam-packed schedules with little time to spare for anything other than day-to-day operations. If that sounds familiar, you know how crucial time management is for commercial real estate. By working with a seasoned broker, you can uphold your daily responsibilities while they provide guidance and manage the minutia of your CRE dealings.
Reputable commercial real estate brokerages provide access to a bevy of information that is pertinent to your commercial real estate goals. We're talking vacancy and absorption rates, the latest sales price data, comparative labor and tax costs, and more. Your broker will help break down this information so that you can make the most informed decisions possible. Brokerages like Coldwell Banker Commercial Atlantic also have systems and software to facilitate complex real estate processes while eliminating unneeded costs. The combination of accumulated data and exclusive systems results in a more cost-effective, efficient way to meet your real estate requirements on terms that are beneficial to you.
As is the case with most things in life, practice and repetition are essential in honing skills and achieving business success. The truth is that no amount of money or "how to" articles can suffice for decades of real-world, hands-on experience. Sure, you can find a litany of commercial real estate info online. But those articles won't teach you about navigating the nuances of structuring advantageous purchase terms or completing complicated due diligence tasks. A successful commercial real estate broker in Myrtle Beach, SC, will have no problem executing these often-confusing processes because they've done it dozens and dozens of times before. This priceless experience is your best resource for successful commercial real estate initiatives.
One of the biggest advantages of working with a commercial real estate brokerage is their ability to provide necessary services that are relevant to your real estate needs. As a Coldwell Banker Commercial affiliate, we are part of a network that allows us access to accounting, legal, and other services needed on your real estate journey. Finding and vetting these services can be very costly and time-consuming, which is unneeded stress that we're happy to remove from your plate.
For any project to be successful, a strategic marketing plan must be implemented to achieve the desired results for our clients. The methods of exposing and promoting a property must be creative, innovative, and unique to your property. At Coldwell Banker Commercial Atlantic, we utilize the most effective methods that make sense for your property in South Carolina, including:
If you're reading this page, chances are you're successful to some degree and have entered negotiations a time or two in your professional life. While that's nothing to sneeze at, the art of negotiating in the commercial real estate industry is a skill that must be honed over years of transactions. In the world of CRE, transaction negotiations are often time-consuming and stressful - two things you don't need in your life. Your commercial real estate broker will use their experience to relieve you of that stress so that you can focus on growing your business or serving tenants.
One of the most valuable reasons for working with a commercial real estate brokerage is that staff have a deep understanding of South Carolina's real estate market. In the Lowcountry, trends and market conditions are constantly changing. Opportunities are lost and found daily.
With this market knowledge, your commercial real estate broker in Myrtle Beach, SC, can provide an easy-to-understand analysis of various commercial properties within your budget. They'll know what relevant properties are leased or sold for and how much. Savvy commercial real estate brokers are also always informed on local demographics and market indicators that impact your commercial real estate goals. For instance, with COVID becoming a more accepted part of our lives, leasing, and sales in retail have taken off, especially for Class A and Class B centers.
At Coldwell Banker Commercial Atlantic, we specialize in several commercial real estate services. Though each service is comprehensive and will differ for each client, here is a brief overview to help you understand the scope of our abilities.
We're proud to say that our commercial real estate brokers in Myrtle Beach, SC, are equipped with all the necessary skills and traits to make your life easier. From transactional needs to marketing strategies, our experience and market knowledge is second to none, allowing us to ensure your success in today's market.
In an ever-changing commercial real estate industry, our approach to property management is constantly evolving. Our team has extensive experience in commercial real estate management and recognizes its importance as a foundation for long-term value and wealth. As such, Coldwell Banker Commercial Atlantic provides tailor-made property management packages that meet your specific assets needs and objectives.
Whether you're entering a build-to-suite or remodeling a commercial property, our associates are ready to represent you with facility planning, design, construction, zoning restrictions, and so much more. If you're looking for a brokerage that can guide you through every step of the construction process with your goals and budget at heart, look no further than Coldwell Banker Commercial Atlantic.
Coldwell Banker Commercial Atlantic provides comprehensive investment analytics to better evaluate potential investments and increase return on those investments. Additionally, our team can facilitate single or multiple-location transactions and also find alternative financing recommendations if needed.
From selecting the perfect building site for your property to overseeing its initial construction, our associates provide experience and expertise when you need it most, covering every step and service of property development. If needed, our team can assemble the right professionals to ensure your property is developed to your unique specifications and applicable regulatory standards.
Our commercial real estate brokerage represents clients in both the disposition and acquisition of property and works directly with you to determine your needs. We then strive to improve efficiency and reduce costs. We also assist financial institutions and government agencies in the management and disposition of âtroubled properties.' Our firm incorporates its spectrum of services to efficiently turn these properties around and improve their value for ultimate disposition.
If you're just getting started in commercial real estate investing, you're probably searching for reliable advice and best practices to follow. While hands-on experience and guidance from a commercial real estate broker are always best, a little advice never hurts. After all, there's a wide world of opportunity out there. As you begin to build a more robust portfolio, keep these tips and tricks in mind.
Commercial real estate deals can take a lot longer than traditional single-family transactions. That's true throughout the entire process, from purchase, to renovation, to selling. That's not a bad thing - after all, having impatience is a good way to rush into a poor decision. Instead of a means to quick cash, think of commercial real estate deals as a large bonus or as a vehicle for retirement.
Many commercial real estate investors jump right into the multi-family property space. However, it's essential to keep other types of properties in mind, such as mobile homes, office buildings, land, and even mobile home parks. Forget about your comfort zone. Instead, weigh your options and choose a niche that helps you meet your goals.
Commercial loans are quite different than their residential counterparts. In some ways, they're better. Though down payments are typically higher, meaning you'll put more down, there's often no personal liability involved. Plus, commercial loans can be more forgiving when borrowing money for down payments. The bottom line is to search for the best lenders before making an offer. If you're having trouble, ask your commercial real estate broker for assistance, as they often have connections and partnerships with relevant entities.
If you're used to buying residential homes, you're probably familiar with some formulas, such as buying 75% of after-repaired value minus the estimated cost of repairs. Depending on the type of commercial property you're buying or selling, you'll have different formulas to learn. Two examples are Cap Rates and Net Operating Income. Learning these formulas can be very beneficial when making an offer.
If you find yourself discouraged with the commercial real estate game, remember that the team at your commercial real estate brokerage is there to make your life easier. At Coldwell Banker Commercial Atlantic, we have a powerful brokerage with a team of over 20 highly skilled and educated agents. Our job is to serve you, whether you're a new investor looking for your first deal or an experienced property owner looking for 1031 tax investment advice.
In Myrtle Beach, golf carts aren’t just for the golf course. They’re also how t many locals and visitors get around the Grand Strand. But before you hit the road, there are a few things you need to know.There are a lot of rules you’ll need to know before getting behind the wheel of a golf cart. For starters, South Carolina law permits that only individuals 16 and older who have a valid driver’s license can drive a golf cart, though, depending on the company you’re renting from, the age limit may be older....
In Myrtle Beach, golf carts aren’t just for the golf course. They’re also how t many locals and visitors get around the Grand Strand. But before you hit the road, there are a few things you need to know.
There are a lot of rules you’ll need to know before getting behind the wheel of a golf cart. For starters, South Carolina law permits that only individuals 16 and older who have a valid driver’s license can drive a golf cart, though, depending on the company you’re renting from, the age limit may be older.
Also, golf carts can only be driven during daylight hours, so once the sun sets, you’ll need to park your cart. You should also note that golf carts can’t be driven on roads where the speed limit exceeds 35 mph.
Though these may not be laws written in the books, it’s also advised that children and pets are safely secured when the golf cart is in motion. Keep in mind that golf carts also don’t have lights, horns, blinkers and other safety features that cars do.
To learn more about golf cart rules and safety tips, visit our guide to driving golf carts in the Myrtle Beach area.
If you don’t have a golf cart, or won’t be in town long enough to justify buying one, don’t worry. There are plenty of places that offer golf cart rentals to cruise around Myrtle Beach. Below is a list of recommended golf cart rental businesses in the region
Go Fast Golf Cart and Moped Rental
Address: 609 S. Kings Hwy., Myrtle Beach, SC 29577
Phone Number: (843) 712-2225
Golf Cart & Scooter Rental
Address: 1205 N. Ocean Blvd., Myrtle Beach, SC 29577
Phone: (843) 626-5533
Myrtle Beach Golf Carts, LLC
Address: 408 3rd Ave. S., Myrtle Beach, SC 29577
Phone: (843) 945-9800
Golf Cart Myrtle Beach
Address: 300 S. Ocean Blvd., Myrtle Beach, SC 29577
Phone: (843) 626-6900
Golf Cart & Trike Rentals of Myrtle Beach
Address: 1205 N. Ocean Blvd. Myrtle Beach, SC 29577
Golf Carts of Myrtle Beach
Address: 106 N. Kings Hwy., Myrtle Beach, SC 29577
Phone: (843) 626-6900
A-JAX Golf Cart Rentals
Address: 241 Main St., North Myrtle Beach, SC 29582
Phone: (843) 779-5019
Trailblaze Adventure Golf Cart Rentals
Address: 3700 S. Ocean Blvd., North Myrtle Beach, SC 29582
Phone: (843) 491-3192
Graham Golf Cars
Address: 3900 S. Kings Hwy., Myrtle Beach, SC 29577
Phone: (843) 238-8800
Woodys Beach Rentals
Address: 312 Reindeer Moss Court, Myrtle Beach, SC 29588
Phone: (843) 357-2453
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This story was originally published May 15, 2023, 5:59 AM.
Benjie Andrew eagerly points to the many displays that line the walls of his new general store in Murrells Inlet.It’s early May and Andrew is working to get the hundreds of items tagged and placed before Seaside Market is set to open the week before Memorial Day.The store will offer a variety of things, including fresh produce, baked goods, clothing, decor, wine and craft beer and soft-serve ice cream. But the main focus ...
Benjie Andrew eagerly points to the many displays that line the walls of his new general store in Murrells Inlet.
It’s early May and Andrew is working to get the hundreds of items tagged and placed before Seaside Market is set to open the week before Memorial Day.
The store will offer a variety of things, including fresh produce, baked goods, clothing, decor, wine and craft beer and soft-serve ice cream. But the main focus will be on produce and products from local farmers and South Carolina businesses.
“I love South Carolina-grown things,” Andrew said.
The 56-year-old has been a member of the state Agricultural Commission for the last 13 years, so it’s important for him to focus on state-grown products, featuring items that come from all over South Carolina.
He also wanted to celebrate Murrells Inlet, the place he and his wife have called home for the last five years. Andrew’s plans were to open a store that would meet the needs of the residents in that area.
Seaside Market, at 3908 Highway 17 Business, is located in the former Booty’s Outdoor, which was a family-owned clothing, marine and tackle shop.
It is in walking distance of the MarshWalk, where most of the businesses are restaurants and bars, Andrew said. So having a store in that location will be a convenience for the local people, he said.
“They can come by there and get fresh homemade cake and coffee,” Andrew said. Or grab a fresh-made sandwich and take it on the boat or fishing on the pier, he said.
He’s also used his family’s history of tobacco farming to give the business an authenticity of an old-time general store.
Originally from Aynor, Andrew used the tin off the roof of his father’s tobacco barn for one of the displays. Lumber from trees in Horry and Georgetown counties line the walls. There’s even an old fishing boat inside the store that will be used for pecans and other produce.
In paying tribute to Murrells Inlet, coffee blends sport the names of community favorites such as North Jetty, Marsh Walk Cuban and Goat Island Sunrise Blend.
Andrew created a Murrells Inlet clothing line called MIVibe that includes hats and shirts.
He’s also tapped into the talents of local residents, partnering with a woman who will make homemade pies and prep meals, such as lasagna and quiche, that will be available in the cafe.
And there will be a place for local artists to display their paintings and artwork.
“We really push that,” Andrew said of his focus on local items. The more he can carry in his store, the more it will be a benefit to the area, he said.
Ready for some seafood? Check out the World Famous Blue Crab Festival this weekend in Little River, South Carolina.Up to 40,000 visitors are expected to come to the event, which takes place on Saturday and Sunday.“It’s just a fun-filled family festival with lots of entertainment, great vendors and everyone having a good time,” festival director Hubert Bullard said of the event.The festival will feature six restaurants steami...
Ready for some seafood? Check out the World Famous Blue Crab Festival this weekend in Little River, South Carolina.
Up to 40,000 visitors are expected to come to the event, which takes place on Saturday and Sunday.
“It’s just a fun-filled family festival with lots of entertainment, great vendors and everyone having a good time,” festival director Hubert Bullard said of the event.
The festival will feature six restaurants steaming up the famed blue crab. Almost 300 vendors will travel from as far away as Minnesota and Texas to sell their wares.
Bullard said the festival is a draw for out of town visitors.
“We get calls from early in the spring, winter, asking questions about when are the dates of the Blue Crab Festival,” he said.
Between the Blue Crab Festival in the spring and the ShrimpFest in the fall, festivals bring an estimated $4.25 million to Little River, according to the event’s website.
Don’t get crabby. Instead, read up on everything you need to know about the 2023 Little River Blue Crab Festival.
The 41st World Famous Blue Crab Festival will be held from 9 a.m. to 5 p.m. on Saturday and Sunday at the Historic Little River Waterfront, close to the North Carolina border.
You can purchase tickets at the gate or in advance on Eventbrite. They are $7 per person per day and (food not included). Kids 12 and under get in free.
Paid parking lots near the waterfront typically fill up fast, so Bullard recommended parking at a satellite lot. Half a dozen buses will shuttle visitors from the free parking lots to the festival gates at no charge.
For the full nautical experience, take a water taxi from the Grande Harbour Marina to the festival. $20 gets you parking at the marina, water taxi and entrance to the festival. The water taxi is first come-first served.
Satellite parking lot locations
Pizzeli’s back field (wheelchair and golf cart parking)
1698 Highway 17, Little River
701 Highway 17, Little River
Southwest Brunswick Branch Library
9400 Ocean Highway West, Calabash
Bring your folding chair to enjoy the Blue Crab Festival’s live music. Six bands will perform starting at 10:30 a.m. both days, including Jim Quick and Coastline, Tokyo Joe and the Paul Grimshaw Band.
Young seafood fans can blow off steam in the children’s area, with bouncy houses, rides, stuffed animal making and face painting.
This story was originally published May 17, 2023, 8:00 AM.
The International Association of Golf Travel Operators recently ranked South Carolina one of the top five golf destinations in the world. It was the only U.S. destination to make the list, thanks in no small part to all the reasons why golfers often call ...
The International Association of Golf Travel Operators recently ranked South Carolina one of the top five golf destinations in the world. It was the only U.S. destination to make the list, thanks in no small part to all the reasons why golfers often call Myrtle Beach a golf capital.
Myrtle Beach, or simply “The Beach,” as it’s known by locals, offers miles and miles of sandy beaches to sink your toes into, plus an abundance of options for first-rate dining, nightlife, attractions, and other pleasures to enjoy off the fairways. Casual and serious fans of golf alike make their way all year to this ideal setting for taking in a round of golf. Here’s why you should, too.
While Myrtle Beach may be best known for its string of beaches spanning 60 miles of the Atlantic coast, the city is also home to a whopping 90-odd golf courses, many designed by legends of the sport. These include top 100–rated courses, such as Caledonia Golf & Fish Club, designed by one of the greatest golf course architects, Mike Strantz. Others include True Blue Golf Club, Dunes Golf & Beach Club, and The Dye Club at Barefoot Resort.
Beginners and casual fans shouldn’t shy away from visiting, and you don’t have to be an expert to enjoy a round—or several—in Myrtle Beach. This beachside haven has dozens of miniature golf courses too. Embrace your inner child through a game of mini golf (or putt-putt) at the all-ages Myrtle Beach Family Golf, which features four themed courses.
Myrtle Beach is also home to the world’s largest amateur golf tournament, Myrtle Beach World Amateur Handicap Championship. Thousands of people from across the globe compete in the tournament, which takes place between late August and early September each year.
Myrtle Beach is an excellent destination for aspiring golfers too. The city brings dozens of the country’s best young golfers to the beach destination through South Carolina native Dustin Johnson’s World Junior Golf Championship.
Upwards of 2.4 million rounds of golf were played in Myrtle Beach in 2022. When you choose to tee up in Myrtle Beach too—whether you’re hitting a top-100 course or playing a game of putt-putt with friends or family—you help encourage job growth in the golf community and the community at large. Golfing in the Grand Strand created 38,000 jobs last year and generated more than $370 million in federal, state, and local tax revenue in 2021.
The future of golf in Myrtle Beach is bright. Some of the city’s best and most expansive courses, including several top 100–rated golf courses, underwent renovations last year. One of the most well-known, Pawleys Plantation, is planning an overhaul for 2023. Pawleys Plantation will partner with Nicklaus Design and architect Troy Vincent to execute the first major renovation of the site since opening in the late 1980s.
Whether you’re a long-time golf fan or just passing through Myrtle Beach to take in its pristine beaches, there’s tee time for you (and the family) throughout this coastal destination.