204 Hampton Ave - Drug Store FOR SALE


Pickens, SC 29671
$2,421,000 USD
508-272-0585
204 Hampton Ave, Pickens, SC for Sale
$2,421,000 USD
Drug Store - FOR SALE
1/4
null | 6% Cap Rate

204 Hampton Ave
Pickens, SC 29671


HIGHLIGHTS

  • STRATEGIC HARD-CORNER LOCATION | PRIMARY RETAIL CORRIDOR
  • NECESSITY-BASED HEALTHCARE TENANT
  • LOW PRICE POINT & ATTRACTIVE BASIS

OVERVIEW

LONG-TENURED TENANT | 25+ YEARS OF CONTINUOUS OCCUPANCY - ?CVS has operated at this location since 1999, demonstrating sustained store-level performance and long-term commitment to the trade area INVESTMENT-GRADE CORPORATE GUARANTOR (S&P: BBB) - ?Lease guaranteed by CVS Health Corporation (NYSE: CVS), one of the largest healthcare companies in the U.S. with 9,000+ locations and strong corporate credit ABSOLUTE NNN LEASE | ZERO LANDLORD RESPONSIBILITIES - ?True passive investment with no landlord obligations, ideal for 1031 exchange and out-of-state ownership LOW PRICE POINT & ATTRACTIVE BASIS - ?Offered at a favorable price point relative to replacement cost, allowing investors to achieve above-market yield with downside protection NECESSITY-BASED HEALTHCARE TENANT - ?CVS serves as a critical healthcare and pharmacy provider within the market, supporting consistent consumer demand regardless of economic conditions STRATEGIC HARD-CORNER LOCATION | PRIMARY RETAIL CORRIDOR - ?Positioned along Hampton Avenue (17,800+ VPD) with strong visibility and access, serving as a primary retail node for the surrounding community

FOR SALE DETAILS

PRICE

$2,421,000 USD

PRICE/SF

$242 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Freestanding CVS | Pickens, SC

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

49

LAND DETAILS

LAND ACRES

1.45 AC

LAND SF

63,162 SF

ZONING

GBD

APN/PARCEL ID

4181-16-93-0757

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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