Retail    

Walgreens

 Orangeburg, SC

Asking Price

$4,333,333

Cap Rate

7.50%

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Abs. NNN Lease

Passive Investment

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Corporate Guarantee

Walgreens Corporate

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Long-Term Lease

8+ Years Remain

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Operating History

15+ Years

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Signalized Corner

+25K VPD

For more details on this exclusive listing

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INVESTMENT HIGHLIGHTS

  • Absolute NNN Lease - No Landlord Responsibilities - This lease features zero landlord responsibilities, creating a passive armchair investment for a cashflow-driven investor. NNN leases are especially attractive for those seeking management-free investment opportunities.        
  • Corporate Guarantee - The lease is guaranteed by Walgreens corporate, creating security of rental payments.
  • Long-Term Lease with Built-in Rental Increases - Walgreens has over 8 years of firm term left on the lease and options to extend until 2080.
  • 15-Year+ Operating History - Walgreens has operated at this location since 2008 and it has proven to be a successful location for the company.
  • Signalized Corner - The property is located off John C. Calhoun Dr, a signalized hard corner that provides optimal visibility and accessibility for the over 25K cars passing each day. 

Exclusively Listed By

Jason Maier

Senior Vice President
  jmaier@northmarq.com      646.841.0627

Shaan Dadlani

Associate, Investment Sales
  sdadlani@northmarq.com      646.845.8426
SC Lic. # 133497

Ashley Wilhide

Lead Operations Analyst
  awilhide@northmarq.com      646.845.8424

Northmarq

120 W 45th St, Suite 2610
New York City, NY 10036
P: +1 646.778.5560


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