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2008 Laurens Rd
Greenville, SC 29607
Walgreens · Retail Property For Sale


Investment Highlights
- Long Term Lease
- Corporate Lease
- High Traffic Counts
- Zero Management Responsibilities
- Strategic Retail Location
- Strong Demographics
Executive Summary
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
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
14,550 SF
Building Class
B
Year Built
2008
Price
$7,504,052 CAD
Price Per SF
$515.74 CAD
Cap Rate
7%
NOI
$525,284 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.50 AC
Zoning
C3 - Commercial
Property Taxes
| Parcel Number | 0265.00-13-001.00 | Improvements Assessment | $397,449 CAD |
| Land Assessment | $80,128 CAD | Total Assessment | $477,577 CAD |
Property Taxes
Parcel Number
0265.00-13-001.00
Land Assessment
$80,128 CAD
Improvements Assessment
$397,449 CAD
Total Assessment
$477,577 CAD
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