902 W Greenwood St - Drug Store FOR SALE


Abbeville, SC 29620
$1,833,333 USD
781-776-4006
902 W Greenwood St, Abbeville, SC for Sale
$1,833,333 USD
Drug Store - FOR SALE
1/6
null | 6% Cap Rate

902 W Greenwood St
Abbeville, SC 29620


HIGHLIGHTS

  • Long-Term Lease
  • Investment Grade Credit
  • Zero Landlord Responsibiltiies
  • Strong Store Sales
  • Strong Real Estate Fundamentals
  • Limited Competition

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple investment property located at 902 W Greenwood Street in Abbeville, South Carolina (the “Property”). The Property, constructed in 2006, is leased to CVS and consists of a 9,801 square foot building with two dedicated drive through lanes. CVS recently extended their lease, demonstrating their commitment to the site and the market. CVS has 11 years remaining on their Absolute NNN lease with four (4), five-year renewal options. CVS occupies a highly visible location near the signalized intersection of Carwellyn Road/Thomson Circle and W Greenwood Street (SC Route 73), a primary commercial and commuter corridor in Abbeville. The Property benefits from strong access and exposure within an established suburban retail corridor supported by nearby residential neighborhoods, local schools, Abbeville Area Medical Center, and a mix of neighborhood-serving retail. The surrounding trade area is further strengthened by a concentration of industrial, manufacturing, and flex properties in southwestern Abbeville, which contributes a significant daytime workforce and provides a stable employment base. This dynamic supports consistent weekday traffic and ongoing demand for convenience-oriented retail and pharmacy services. Additionally, the Property offers convenient access to several state roadways, enabling efficient circulation throughout the immediate area and strong connectivity to the broader upstate South Carolina region. Abbeville is in north-central South Carolina and 45 is miles south of Greenville and about 100 miles west of Columbia, South Carolina.

FOR SALE DETAILS

PRICE

$1,833,333 USD

PRICE/SF

$187 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

-

APN/PARCEL ID

121-00-00-098

ASK ABOUT THIS PROPERTY

Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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Matthew NadlerHorvath & TremblayMore Info
781-776-4006

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