The Kase Group is pleased to present the opportunity to acquire a corporately
guaranteed Walgreens located at the signalized intersection of East Calhoun Street
and North Lafayette Drive in Sumter, South Carolina. The ±14,820 square foot
building sits on a ±1.84-acre parcel and was constructed in 2008. The property is
secured by a long-term absolute NNN lease with zero landlord responsibilities and
structured rent escalations. The lease includes 5% rental increases every five years,
with twelve (12) five-year renewal options, providing long-term income growth and
stability.
Strategically positioned in a high-traffic corridor with combined traffic
counts exceeding 46,000 vehicles per day, the site offers excellent visibility and
accessibility. The property is surrounded by prominent national retailers, including
Walmart, Lowe's, Petco, Staples, T-Mobile, and Aspen Dental, enhancing its retail
synergy and consumer draw. Additionally, the location benefits from proximity to
key educational institutions such as Sumter High School (2,289 students), Morris
College (384 students), and Central Carolina Technical College (2,885 students),
contributing to a strong daytime population and consistent foot traffic. The
surrounding area features a mix of established residential neighborhoods and
commercial developments, reinforcing the property's position within a stable and
growing market.