808 US-378
Conway, SC 29527
Downtown Conway
HIGHLIGHTS
- 100% Occupied Three-Tenant Pad; Service-Based, Internet-Resistant Tenant Mix: PDS Health, My Pharmacy & Optical, and The Nail Room
- All Tenants Are on Long-Term NNN Leases With Staggered Lease Expirations
- Rents at the Subject Property Were Set in 2019–2020, Before COVID and the Resulting Surge in Construction Costs
- This Presents Meaningful Upside Potential, as Comparable Lease Rates Today Would Be Significantly Higher
- The Nail Room Is on a “Naked” Lease Paying Only $27.40 PSF for a 1,400 SF Endcap Space
- Corporate PDS Health, LLC Lease (1,000+ Locations); Ranks Within the Top 16% of All PDS Health Locations Nationwide (Placer.ai)
FOR SALE DETAILS
PRICE
$3,825,000 USD
PRICE/SF
$546 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PDS Health Pad | Lexington, SC
PROPERTY TYPE
Retail
ADD'L SUBTYPES
Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
-
APN/PARCEL ID
004200-06-040
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
844-585-7682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
844-585-7682
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
