2008 Laurens Rd - Freestanding FOR SALE


Greenville, SC 29607- Pleasantburg
$5,900,000 USD
904-535-4927
2008 Laurens Rd, Greenville, SC for Sale
$5,900,000 USD
Freestanding - FOR SALE
1/7
null | 6.5% Cap Rate

2008 Laurens Rd
Greenville, SC 29607
Pleasantburg


HIGHLIGHTS

  • Long Term Lease
  • Zero Management Responsibilities
  • Corporate Lease
  • Strategic Retail Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the single-tenant, absolute triple-net leased Walgreens located at 2008 Laurens Road (US Route 276) in Greenville, South Carolina (the “Property”). Walgreens has occupied this Property since it was constructed in 2008 and they have 8+ years remaining on an absolute triple-net lease with fifty (50), 1-year renewal options. The Property is situated on a highly visible corner parcel at the signalized intersection of Parkins Mill Road and Laurens Road (US Route 276), one of the area’s primary commercial and commuter corridors. The Property enjoys outstanding visibility and frontage and benefits from three points of access. Walgreens is ideally positioned in between Interstate 85 and Downtown Greenville and enjoys convenient access to the Heywood Mall, area retailers and restaurants, Greenville Downtown Airport, countless industrial properties, and car dealerships, all of which drive traffic to the area. The Property is also surrounded by densely populated residential neighborhoods and area schools that provide a built-in customer base

FOR SALE DETAILS

PRICE

$5,900,000 USD

PRICE/SF

$338 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.5 AC

LAND SF

65,340 SF

ZONING

C3

APN/PARCEL ID

0265.00-13-001.00

ASK ABOUT THIS PROPERTY

Riley HarderHorvath & TremblayMore Info
904-535-4927

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

Riley HarderHorvath & TremblayMore Info
904-535-4927

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