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20991980
20991981

4380 Jefferson Davis Hwy, Beech Island, SC 29842

RL
CA 01466991
Equity Investment Advisors
Listed by Equity Investment Advisors
$3,500,000
101 days on market
Updated 21 days ago

Walgreens: Georgia - South Carolina Border

Details
Property Type Retail
Sub Type Pharmacy/Drug
Square Footage 14,835
Cap Rate 7.48%
NOI $261,900
Occupancy 100%
Tenancy Single
Brand/Tenant Walgreens
Lease Type Absolute NNN
Lease Term 13
Lease Expiration 08/31/2035
Remaining Term 9.2
Rent Bumps Yes
Lease Options 12 5-year
Price per SqFt $236
Class A
Year Built 2008
Acreage 1.740
Parking Spaces 56 spaces
Parking Per SqFt 3.77
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 09/01/2022

RARE Rent Increases

Marketing description

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.

Investment highlights

  • 13 Year Corporate Lease with 12 5-Year Options

  • Corporate Guarantee

  • 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

Listing Contacts

RL
CA 01466991
Equity Investment Advisors
Listed by Equity Investment Advisors

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$261,900.00
$21,825.00/mo

Valuation Metrics

0
DSCR
7.48%
Cap Rate
7.48%
ROI

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