1302 Highway 72-221 East - Drug Store FOR SALE


Greenwood, SC 29649
$3,120,000 USD
704-621-3371
1302 Highway 72-221 East, Greenwood, SC for Sale
$3,120,000 USD
Drug Store - FOR SALE
1/3
null | 6.25% Cap Rate

1302 Highway 72-221 East
Greenwood, SC 29649


HIGHLIGHTS

  • Investment Grade Tenant – CVS Health (S&P: BBB). Corporate-guaranteed lease from CVS Health, providing institutional-quality credit
  • Absolute Triple Net (NNN) Lease – Zero Landlord Responsibilities.
  • Long-Term Lease Structure – Just Under 7 Years of Remaining Lease Term – Secure in-place income with meaningful term remaining
  • Proven Location – CVS has operated at this site for over 26 years demonstrating sustained performance and commitment to the site.
  • High-Visibility Corner Location – Situated on over an acre along a dense retail corridor at a signalized intersection with strong traffic counts
  • Highly Trafficked Corridor – This stretch of the Bypass sees over ±24,700 VPD.

OVERVIEW

Broker of Record Kyle Matthews License # 22684, 105710 (SC) Matthews Real Estate Investment Services, Inc 1600 West End, Ste. 1500 Nashville, TN 37203 (866) 889-0550

FOR SALE DETAILS

PRICE

$3,120,000 USD

PRICE/SF

$306 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

GC

APN/PARCEL ID

6856-372-617-000

ASK ABOUT THIS PROPERTY

Billy DunkerMatthews Real Estate Investment ServicesMore Info
704-621-3371

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Billy DunkerMatthews Real Estate Investment ServicesMore Info
704-621-3371

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