5312 Calhoun Memorial Hwy - Drug Store FOR SALE


Easley, SC 29640
$5,100,000 USD
864-235-6855
5312 Calhoun Memorial Hwy, Easley, SC for Sale
$5,100,000 USD
Drug Store - FOR SALE
1/8
null | 7.06% Cap Rate

5312 Calhoun Memorial Hwy
Easley, SC 29640


OVERVIEW

Absolute NNN Lease: Absolute net lease provides an investment opportunity with ZERO landlord responsibilities attached Lease Term: With ±7.25 years remaining on the lease, and an additional 50 years in option periods, this property provides long term investment security potential Excellent Demographics: With a 1-mile radius average household income of $73,526, and a 10-mile population density in excess of 200,000 people, this property’s location is ideally situated to serve a strong customer base Established Retail Pharmaceutical Provider: Walgreens currently operates over 8,700 retail locations throughout the United States, including in Puerto Rico and the US Virgin Islands Strategic Location: This property is strategically located on Easley’s main retail corridor, the bustling Calhoun Memorial Highway (US 123) with ±38,000 VPD, and is closely situated to strong retail presences, such as Walmart, Sam’s Club, Chick-fil-A, Publix, Starbucks, Lowe’s, Home Depot, Academy Sports, and Marshalls Rapidly Developing Market: Greenville, and its greater area, have gained recognition as a major destination for relocation and a rapidly growing market, attracting major employers like BMW Manufacturing, Michelin North American Headquarters, GE, Lockheed Martin, Tesla, and many more

FOR SALE DETAILS

PRICE

$5,100,000 USD

PRICE/SF

$351 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

LAND ACRES

1.87 AC

LAND SF

81,457 SF

ZONING

GC

APN/PARCEL ID

5039-13-02-7676

ASK ABOUT THIS PROPERTY

Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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Robert Schmidt, CCIMNAI Earle Furman LLCMore Info
864-235-6855

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