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Walgreens 1 S Alliance Dr 14,741 SF Retail Building Goose Creek, SC 29445 $3,662,500 ($248.46/SF) 8% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Positioned within the Charleston MSA
  • Successful operating history since 2005
  • Six-figure average household income within one mile ($123,000+)
  • Absolute NNN – no landlord responsibilities
  • Located along College Park Road (39,100 VPD)
  • Walking distance from Stratford High School (2,700 students)

EXECUTIVE SUMMARY

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property located in Goose Creek, South Carolina within the Charleston MSA. Walgreens has successfully operated at this location since 2005 on a lease that runs through August 2030. The lease is absolute triple net, presenting no landlord responsibilities.
The 14,741 square-foot building is positioned along College Park Road, a primary thoroughfare that sees over 39,100 vehicles per day. The property also benefits from its close proximity to Interstate 26, which carries an additional 109,600 vehicles daily. More than 145,000 residents live within a five-mile radius, and the surrounding community is affluent, with an average household income exceeding $123,000 within one mile. The property is within walking distance of Stratford High School (2,700 students) and near the growing Hunters Bend single-family housing development. Nearby national retailers include Food Lion, Wendy’s, Dollar General, Ace Hardware, Sonic, Subway, and others.
Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,100 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,741 SF
Building Class
B
Year Built
2005
Price
$3,662,500
Price Per SF
$248.46
Cap Rate
8%
NOI
$293,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
1.54 AC
Zoning
GOOSE CREE
Parking
63 Spaces (4.27 Spaces per 1,000 SF Leased)
Frontage
219’ on Alliance Dr

AMENITIES

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • -
  • -
  • Triple Net
  • Aug 2030

Walgreens is a trusted and convenient local health destination that millions of Americans rely on every day. Their founder, Charles R. Walgreen Sr., was known for finding new ways to connect with customers on a personal level and treating each person like a guest in his own home. For over a century, they have expanded that personal connection through their network of neighborhood pharmacies and their innovative health services and products. The foundation for all of this is their trusted pharmacy expertise, and their team members who provide essential care that helps people achieve better health outcomes at an affordable cost.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer - - Triple Net Aug 2030

NEARBY MAJOR RETAILERS

Food Lion
United Rentals

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
234-00-00-110
Land Assessment
$447,029
Improvements Assessment
$2,327,579
Total Assessment
$2,774,608
  • Listing ID: 37330825

  • Date on Market: 8/19/2025

  • Last Updated:

  • Address: 1 S Alliance Dr, Goose Creek, SC 29445

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