4767 Broad St - Drug Store FOR SALE


Loris, SC 29569
$2,362,205 USD
646-805-1491
4767 Broad St, Loris, SC for Sale
$2,362,205 USD
Drug Store - FOR SALE
1/8
null | 6.35% Cap Rate

4767 Broad St
Loris, SC 29569


HIGHLIGHTS

  • Absolute Net Leased (NNN) CVS Located at the Heavily Trafficked Signalized Intersection of Broad Street and Holly Street with more than 11,000 VPD
  • CVS Recently Extended Their Lease for 15-Years w/ Replaceable Rent Adding Elevated Asset Security along with Its Highly Desirable Signalized Corner
  • CVS has 12 Years Remaining on the Base Term of the Lease with Rent Increases in Each Option, as a Hedge Against Inflation
  • Surrounded by Many of the Nation’s Most Successful Retailers Including McDonald’s, Wendy’s, KFC, Bojangles, O’Reilly Auto Parts, among others
  • This Location Benefits from Being the Only Freestanding National Pharmacy Store within a 20-Mile Radius Providing Long Term Stability
  • Subject Property is Strategically Located within 30-Miles form Myrtle Beach a Popular Beach Destination with more than 17 Million Visitors Annually

FOR SALE DETAILS

PRICE

$2,362,205 USD

PRICE/SF

$240 USD /SF

CAP RATE

6.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.56 AC

LAND SF

67,954 SF

ZONING

C-2

APN/PARCEL ID

17614020047

ASK ABOUT THIS PROPERTY

Michael CardoneMarcus & MillichapMore Info
646-805-1491

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Michael CardoneMarcus & MillichapMore Info
646-805-1491

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