The Myrtle Beach retail market is holding strong with a vacancy rate of 3.0%, which is 0.3% lower than last year. Over the past 12 months, there has been 510,000 SF of positive absorption and 400,000 SF of net deliveries. Rents have increased by 4.5% to approximately $17.70/SF.
Myrtle Beach Retail Market: Growth Amid Stability
Myrtle Beach Retail Market: Growth Amid…
Myrtle Beach Retail Market: Growth Amid Stability
The Myrtle Beach retail market is holding strong with a vacancy rate of 3.0%, which is 0.3% lower than last year. Over the past 12 months, there has been 510,000 SF of positive absorption and 400,000 SF of net deliveries. Rents have increased by 4.5% to approximately $17.70/SF.