201 N Lafayette Dr, Sumter, SC 29150 For Sale

The Kase Group is pleased to present the opportunity to acquire a corporately guaranteed Walgreens located at the signalized intersection of East Calhoun Street and North Lafayette Drive in Sumter, South Carolina. The ±14,820 square foot building sits on a ±1.84-acre parcel and was constructed in 2008. The property is secured by a long-term absolute NNN lease with zero landlord responsibilities and structured rent escalations. The lease includes 5% rental increases every five years, with twelve (12) five-year renewal options, providing long-term income growth and stability. Strategically positioned in a high-traffic corridor with combined traffic counts exceeding 46,000 vehicles per day, the site offers excellent visibility and accessibility.

The property is surrounded by prominent national retailers, including Walmart, Lowe's, Petco, Staples, T-Mobile, and Aspen Dental, enhancing its retail synergy and consumer draw. Additionally, the location benefits from proximity to key educational institutions such as Sumter High School (2,289 students), Morris College (384 students), and Central Carolina Technical College (2,885 students), contributing to a strong daytime population and consistent foot traffic. The surrounding area features a mix of established residential neighborhoods and commercial developments, reinforcing the property's position within a stable and growing market.