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4380 Jefferson Davis Hwy
North Augusta, SC 29842
Walgreens - Augusta, GA · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 13 Year Corporate Lease with 12 5-Year Options
- Fee Simple NNN with no Landlord Responsibilities
- Combined VPD of approximately 27,000
- Corporate Guarantee
- RARE 5% rent increases every 5 years (including option periods)
- Less than 10 Miles East of Augusta, GA
EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,835 SF
Building Class
C
Year Built
2008
Price
$5,017,526 CAD
Price Per SF
$338.22 CAD
Cap Rate
7.24%
NOI
$363,109 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.74 AC
Parking
56 Spaces (3.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 024-07-02-005 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $379,961 CAD |
PROPERTY TAXES
Parcel Number
024-07-02-005
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$379,961 CAD
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