4380 Jefferson Davis Highway
$3,690,000
4380 Jefferson Davis Highway, Beech Island, SC 29842
7.1
Cap Rate
261,900
NOI
Details:
Highlights:
- 13 Year Corporate Lease with 12 5-Year Options
- Corporate Guarantee - NASDAQ: WBA
- Fee Simple NNN with no Landlord Responsibilities
- RARE 5% rent increases every 5 years (including option periods)
- Combined VPD of approximately 27,000
- Less than 10 Miles East of Augusta, GA
Description:
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.
Documents:
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OM__Beech_Island_SC__Walgreens.pdf
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