1 S Alliance Dr - Drug Store FOR SALE


Goose Creek, SC 29445
$3,662,500 USD
847-562-8500
1 S Alliance Dr, Goose Creek, SC for Sale
$3,662,500 USD
Drug Store - FOR SALE
1/5
null | 8% Cap Rate

1 S Alliance Dr
Goose Creek, SC 29445


HIGHLIGHTS

  • Positioned within the Charleston MSA
  • Absolute NNN – no landlord responsibilities
  • Successful operating history since 2005
  • Located along College Park Road (39,100 VPD)
  • Six-figure average household income within one mile ($123,000+)
  • Walking distance from Stratford High School (2,700 students)

OVERVIEW

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located in Goose Creek, South Carolina within the Charleston MSA. Walgreens has successfully operated at this location since 2005 on a lease that runs through August 2030. The lease is absolute triple net, presenting no landlord responsibilities. The 14,741 square-foot building is positioned along College Park Road, a primary thoroughfare that sees over 39,100 vehicles per day. The property also benefits from its close proximity to Interstate 26, which carries an additional 109,600 vehicles daily. More than 145,000 residents live within a five-mile radius, and the surrounding community is affluent, with an average household income exceeding $123,000 within one mile. The property is within walking distance of Stratford High School (2,700 students) and near the growing Hunters Bend single-family housing development. Nearby national retailers include Food Lion, Wendy’s, Dollar General, Ace Hardware, Sonic, Subway, and others. Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,100 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.

FOR SALE DETAILS

PRICE

$3,662,500 USD

PRICE/SF

$247 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

1.54 AC

LAND SF

67,082 SF

ZONING

GOOSE CREE

APN/PARCEL ID

234-00-00-110

ASK ABOUT THIS PROPERTY

Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

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Jimmy GoodmanThe Boulder GroupMore Info
847-562-8500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.