2498 2nd Loop Rd - Drug Store FOR SALE


Florence, SC 29501
$2,995,000 USD
415-673-0218
2498 2nd Loop Rd, Florence, SC for Sale
$2,995,000 USD
Drug Store - FOR SALE
1/4
null | 11.17% 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

this price = quick close. 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

$2,995,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

11.17%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

11+ cap !! NNN Walgreens

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.