224 E Butler Rd - Drug Store FOR SALE
Mauldin, SC 29662 |
$2,850,000 USD
949-744-7897
224 E Butler Rd
Mauldin, SC 29662
HIGHLIGHTS
- Long Term Operating History: CVS has been operating at this location for 27+ years and has already exercised their three, 5-year options
- Top MSA: The Greenville-Anderson-Greer MSA is the largest in South Carolina with approximately 975,480 residents currently
- Key Developments: Located less than two miles from the subject property, Bridgeway Station celebrated its grand opening in April 2024
- Strong Local Demographics: There are +130,000 residents in a 5-mile radius of the subject property with an average household income of over $125,000.
- Unique Opportunity: This deal offers the buyer the unique opportunity to negotiate a new lease with the existing/new tenant
- New Roof in 2021: CVS is operating on a NN lease. The landlord is responsible for roof and structure, with the roof recently replaced in 2021.
FOR SALE DETAILS
PRICE
$2,850,000 USD
PRICE/SF
$281 USD /SF
CAP RATE
7.03%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
CVS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
51
LAND DETAILS
LAND ACRES
1.4 AC
LAND SF
60,984 SF
ZONING
R20
APN/PARCEL ID
M004.01-01-010.01
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949-744-7897
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949-744-7897
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