4380 Jefferson Davis Hwy - Drug Store FOR SALE


North Augusta, SC 29842
$3,690,000 USD
310-529-8833
4380 Jefferson Davis Hwy, North Augusta, SC for Sale
$3,690,000 USD
Drug Store - FOR SALE
1/6
null | 7.1% Cap Rate

4380 Jefferson Davis Hwy
North Augusta, SC 29842


HIGHLIGHTS

  • 13 Year Corporate Lease with 12 5-Year Options
  • Corporate Guarantee - NASDAQ: WBA
  • Fee Simple NNN with no Landlord Responsibilities
  • RARE 5% rent increases every 5 years (including option periods)
  • Combined VPD of approximately 27,000
  • Less than 10 Miles East of Augusta, GA

OVERVIEW

Introducing Walgreens in Beech Island, SC - a lucrative investment opportunity you won't want to miss! This prime property features a 14,835 SF building on a 1.74 AC lot, offering a solid 7.10% cap rate and $261,900 NOI. With a 13-year corporate lease guaranteed by Walgreens, this fee simple NNN investment includes rent increases of 5% every 5 years. Strategically located near Augusta, GA, this property benefits from high visibility at a signalized intersection with a combined VPD of 27,000. Adjacent to popular retailers like Waffle House and in close proximity to residential areas and community conveniences, this property is positioned for success. Invest in the trusted reputation and global presence of Walgreens and capitalize on this exceptional commercial real estate opportunity at 4380 Jefferson Davis Highway, Beech Island, SC.

FOR SALE DETAILS

PRICE

$3,690,000 USD

PRICE/SF

$249 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

56

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

-

APN/PARCEL ID

024-07-02-005

ASK ABOUT THIS PROPERTY

Rich LydonEquity Investment AdvisorsMore Info
310-529-8833

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Rich LydonEquity Investment AdvisorsMore Info
310-529-8833

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