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- LoopNet Team
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
- Drug Store
- General Retail Freestanding
- 118 FT on Whitner
- 112 FT on Highway 28
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
Parcel Number | 124-05-01-001 | Improvements Assessment | $233,340 |
Land Assessment | $66,660 | Total Assessment | $300,000 |
PROPERTY TAXES
Learn More About Investing in Retail Properties
Listing ID: 17751408
Date on Market: 11/18/2019
Last Updated:
Address: 2539 W Whitner St, Anderson, SC 29624
The Retail Property at 2539 W Whitner St, Anderson, SC 29624 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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