THE DISTRICT AT

MYRTLE BEACH
10177 North Kings Hwy | Myrtle Beach, SC 29572

GERALD DIVARIS CHARLES NEIL SEZIN CORTINAS KAYLA OLSON HUTCH FARRIS
Chairman/CEO Principal Vice President Associate Associate
757.497.2113 980.819.0119 757.497.2113 757.333.4301 980.819.0096
gdivaris@divaris.com charles.neil@divaris.com scortinas@divaris.com kayla.olson@divaris.com hutch.farris@divaris.com
THE DISTRICT IS THE
PLACE TO EXPERIENCE
THE EXCITEMENT OF
MYRTLE BEACH.

The District at Myrtle Beach 2

 PROPERTY OVERVIEW
The District at Myrtle Beach

The District at Myrtle Beach is the proposed addition of a lifestyle component to the well-established regional shopping center located
in coastal South Carolina. The trade area extends more than 30 miles and the property features strong successful anchors including Belk,
JC Penney and South Carolina’s first Bass Pro Shops Outdoor World. The District at Myrtle Beach will offer waterfront opportunities in
the restaurant district along the Atlantic Intracoastal Waterway and exciting new entertainment and shopping for the enjoyment of the
area visitors and residents. Day or night, The District is the place to experience the excitement of Myrtle Beach.

The District at Myrtle Beach 3

THE
MARKET
A Thriving Market with Continued Growth.
The Myrtle Beach area attracts over
17 million visitors between two
distinct tourist seasons annually and
continually reaffirms the moniker
“The Grand Strand”. Year after year,
Myrtle Beach earns prestigious
awards and designations for its
highly acclaimed beaches, golf and
family destinations. TripAdvisor has
listed Myrtle Beach in its Traveler’s
Choice Awards; naming Myrtle
The District at Myrtle Beach
Beach the “#1 Best Beach in the
United States, a Top 10 Best in the
World” and a “Top 25 Destinations in
the United States” in recent years.
The Myrtle Beach MSA was one of
the fastest growing metro areas in
the nation between July 2015 – July
2017, according to the U.S. Census
Bureau
5
LOCAL
RETAIL &
ATTRACTIONS

cc Tourism accounts for a $7 Billion economic impact each year.

cc Approximately 90 golf courses and 2.7 million rounds of golf

have been played in the Myrtle Beach area.

cc 1,800 full service restaurants with $1 Billion generated in food

and beverage sales at Grand Strand.

cc Myrtle Beach is one of the most popular family beach

destinations on the east coast, with 60 miles of beachfront with

100,000 rental units

6
 504

TANGER OUTLETS

CON
WA
YB
CA
RO
LIN

YPA
AB
COASTAL GRAND MALL AY

SS
SP
KW THE DISTRICT AT MYRTLE BEACH
Y

BROADWAY AT THE BEACH

GRANDE DUNES

NORTH MYRTLE
BEACH PARK &
1,250 RESIDENTIAL SPORTS COMPLEX COASTAL TOWN CENTER
HOMES & VILLAS
INTER CO
ASTAL WA
TERWAY
17 CAROLINA BAYS PKWY
MYRTLE BEACH
INTERNATIONAL AIRPORT
53,0 AY
00 V ATERW
APPROX. 2 MILLION
SOUTH MYRTLE PD
INTER
COAS
TAL W
NORTH MYRTLE
ANNUAL TRAVELERS
BEACH BEACH
BEACH WOOD
RESORT DISTRICT BRIARCLIFF ACRES GOLF CLUB
17
6,000+ ROOMS MEDIAN HOME
TANGER OUTLETS PRICES $550,000 RESID
ENTIA
L DIS
BAREFOOT LANDING TRIC
T

MARKET COMMON

5,000 RESIDENTIAL HOMES & CONDOS

The District at Myrtle Beach 7

DEMOGRAPHIC
PROFILE AND STATISTICS

Growth Average
Radius Population (2017-2022) Households Median Age HH Income

5 Mile 19,457 3.09% 9,156 51.9 $76,690

15 Miles 191,648 2.87% 81,747 43.7 $66,404

25 Miles 360,873 2.66% 152,354 44.8 $63,643

The District at Myrtle Beach 8

MYRTLE BEACH TOURISM
cc For the second year in a row, Myrtle Beach was the second fastest-growing

metropolitan area in the United States between 2016 and 2017, according to
2016 Area Visitor Count
newly-released U.S. Census data. Occ. Rate Extrapolation*
Jan 33.3% 899,869
cc Myrtle Beach has a large visitor population throughout the year that generates $7
Feb 48.1% 1,129,566
billion for the local economy. Mar 61.6% 1,664,623
Apr 59.5% 1,607,874
May 58.1% 1,570,042
Age Range Generation % of Total Population
Jun 77.2% 2,086,183
<18 Gen Z 22.90% Jul 86.3% 2,332,094
Aug 73.4% 1,983,496
18-24 Millennials 9.00%
Sept 62.6% 1,691,646
25-34 Millennials 12.91% Oct 50.4% 1,361,964
Nov 46.7% 1,261,969
35-44 Gen X 13.02%
Dec 37.4% 1,010,664

45-54 Gen X 14.24%

Total 18,600,000

* Total determined by DK Shifflet annual visitor study. Monthly

55-64 Baby Boomers 13.02% extrapolations based on occupancy rates determined by
Coastal Carolina University.

65+ Baby Boomers 14.85%

The District at Myrtle Beach 9

GERALD DIVARIS CHARLES NEIL SEZIN CORTINAS KAYLA OLSON HUTCH FARRIS
Chairman/CEO Principal Vice President Associate Associate
757.497.2113 980.819.0119 757.497.2113 757.333.4301 980.819.0096
gdivaris@divaris.com charles.neil@divaris.com scortinas@divaris.com kayla.olson@divaris.com hutch.farris@divaris.com