2498 2nd Loop Rd - Drug Store FOR SALE


Florence, SC 29501
$3,650,000 USD
415-673-0218
2498 2nd Loop Rd, Florence, SC for Sale
$3,650,000 USD
Drug Store - FOR SALE
1/4
null | 9.16% Cap Rate

2498 2nd Loop Rd
Florence, SC 29501


HIGHLIGHTS

  • Long term net lease structure supported by a nationally recognized pharmacy retailer with an essential service customer base.
  • Positioned along a well-traveled Florence retail corridor with consistent daily traffic from established neighborhoods and nearby commercial clusters.
  • Surrounded by a robust mix of national and regional retailers that reinforce destination traffic and support long-term investment stability.
  • Benefit of a true NNN lease framework offering minimal landlord responsibilities and predictable passive income.

OVERVIEW

NNN Walgreens. Good corner location. Lease expiration 2079 with option to terminate June 30, 2028. Very attractive seller financing: 30% down, 70% loan at 5.25% interest only due five years. Contact asset manager, Ed Schmidt at 415-673-0218 or edschmidt101@icloud.com.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$253 USD /SF

CAP RATE

9.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Walgreens "15% cash on cash" *possible

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,359 SF

ZONING

-

APN/PARCEL ID

90020-04-005

ASK ABOUT THIS PROPERTY

Edward SchmidtSchmidt Property GroupMore Info
415-673-0218

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Edward SchmidtSchmidt Property GroupMore Info
415-673-0218

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