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2539 W Whitner St
Anderson, SC 29624

Walgreens - NNN Lease Anderson SC · Retail Property For Sale

Investment Highlights

  • SIGNALIZED HARD PIN-CORNER LOCATION
  • OVER 118,042 POPULATIONS IN A 5-MILE RADIUS
  • OVER 30,000 AVERAGE DAILY TRAFFIC AT SITE
  • AVERAGE HOUSEHOLD INCOME OF OVER $64,000
  • EASY ACCESS TO I-85 AND SC 28-BYPASS
  • ATTRACTIVE ASSUMABLE DEBT OR FREE & CLEAR OF DEBT

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.02 AC
Parking
79 Spaces (5.43 Spaces per 1,000 SF Leased)
Frontage
118 FT on Whitner

Amenities

  • Bus Line
  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru

About 2539 W Whitner St , Anderson, SC 29624

We are pleased to present the opportunity to acquire the fee simple interest (land and building) in an absolute NNN leased, corporate guaranteed, drive-thru equipped, Walgreens investment property located in Anderson, South Carolina. Property is approximately 14,820 square feet located on a ± 2.02 prime commercial acre. The investment grade tenant, Walgreen Co. (NASDAQ: WBA | S&P: BBB). The original 25-year lease runs through January of 2030 and followed by Ten 5-year option periods to extend. The lease is corporately guaranteed and is absolute NNN with zero landlord responsibilities. The subject site is strategically located at the signalized, hard southeast corner intersection of SC highway 28 By-Pass and SV Highway 24 (aka Whitner Road) with a combined 32,500 vehicles passing by daily. The asset has excellent visibility & access on a corner site with points of ingress and egress on both adjacent streets, as well as a monument sign located on the corner. The site is also equipped with a drive-thru, providing ease and convenience for customers. Nearby credit tenants in the surrounding trade area include: 24-hour Walmart Supercenter, Dollar General, Advance Auto Parts, O’Reilly Auto Parts, AutoZone Auto Parts, Burger King, CVS, Wells Fargo, and more, further increasing consumer draw to the area. The two Rite Aid pharmacies (shown on the map on page 14 of the OM ) have already been closed due to the acquisition of Rite Aid by Walgreens further enhancing this location presence. The 5-mile trade area is supported by more than 118,042 residents with an average household income of $64,000. Property is offered free and clear of debt or the attractive existing debt can be assumed. Please see page 5 of the Offering Memorandum for details.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
124-05-01-001
Land Assessment
$66,660
Improvements Assessment
$233,340
Total Assessment
$300,000
  • Listing ID: 17751408

  • Date on Market: 11/18/2019

  • Last Updated:

  • Address: 2539 W Whitner St, Anderson, SC 29624

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