Downtown Pawleys Island

Downtown Pawleys Island is +/- 15 acre mixed-use investment located in Pawleys Island, SC, one of the most sought-after South Carolina coastal submarkets. Carolina Capital (CC) purchased the property in June of 2023.

CC’s investment objective was to acquire a well-located, quality retail, office, and medical asset with an in-place, diverse tenant mix. The property was acquired at an attractive cap rate and well below replacement costs. Furthermore, the property is strategically located in a dense and thriving Hwy 17 corridor and benefits from population growth in the immediate area and proximity to multiple popular South Carolina beaches.

CC plans to hold the asset as part of their street retail and stabilized income portfolio