WALGREENS

1106 John C Calhoun Dr,, Orangeburg, SC 29115-6656
$4,999,939

Cap Rate
6.50%
Price Per SF
$342
Gross SQFT
14,600
Year Built
2006
NOI
$324,996
Property Type
Retail

INVESTMENT HIGHLIGHTS

  • ABSOLUTE NNN – This lease offers zero landlord responsibilities and is ideal for an investor looking for a passive investment.
  • LONG TERM OPERATING HISTORY – Walgreens has operated at this location since 2006 and has 9 years of base term remaining and ten, 5-year options.
  • EXCELLENT VISIBILITY – The property is located on the hard signalized corner of John C Calhoun Dr (18,652 VPD) & Broughton St (9,750 VPD). High Traffic counts in excess of ±29,500 vehicles per day on E Oak St.
  • WALMART OUTPARCEL – The property sits in a dense retail corridor with many surrounding retailers that drive traffic to the area. The property is also one mile away from South Carolina State University, home of a Division 1 football program and over 6,000 students.
  • STRONG SALES REPORTING – Contact Agent for Further Information

Broker of Record

  • Kyle Matthews
  • License No. 22684 (SC)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc.
  • 1600 West End,
    Ste. 1500 Nashville, TN 37203