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Walgreens | 9+yrs Corp Abs NNN w/ Incrs 104 W Butler Rd 14,465 SF Retail Building Mauldin, SC 29662 $4,958,000 ($342.76/SF) 7.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Over 9 years remaining following a 10-year lease renewal and 9 (5-year) options to extend
- Pin corner outparcel to Miracle Hill Center anchored by Ingles Market, featuring Ace Hardware, Take 5 Oil Change, First Citizen Bank, Wendy’s, & more
- Located 20 minutes from downtown Greenville, supported by a population of over 135,603 residents and 72,209 employees in the 5-mile trade area
- 5% rental increases every 5 years at the beginning of each option period
- Located across from Mauldin Square (100,000+ SF) anchored by Publix with many national/credit tenants including a Chick-fil-A, Chipotle, & Starbucks
- The subject property is the only Walgreens in Mauldin
EXECUTIVE SUMMARY
PROPERTY FACTS
AMENITIES
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
-
- Retailer
-
99,999 SF
- -
-
Lorem Ipsum
-
Jan 0000
Walgreens, founded by Charles Rudolph Walgreen in 1901 in Chicago, is a major U.S. pharmacy and retail chain operating under the publicly traded parent, Walgreens Boots Alliance (NASDAQ: WBA). Headquartered in Deerfield, Illinois, it provides prescription services, health and wellness products, photo services, and expanded healthcare offerings including immunizations and diagnostic screenings. As of late 2025, the company operated thousands of retail locations across the United States and Puerto Rico, serving roughly 78% of Americans within five miles of a store. Walgreens maintains omnichannel operations—blending in-store, online, drive-thru, and home delivery services—and has strategic healthcare partnerships, notably with VillageMD. Under the direction of new CEO Mike Motz, following the August 2025 purchase by Sycamore Partners, Walgreens continues to emphasize core pharmacy execution, digital innovation, and integrated care solutions.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
|
|
Retailer | 99,999 SF | - | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $184,860 | |
| Land Assessment | $72,640 | Total Assessment | $257,500 |
PROPERTY TAXES
Presented by
Walgreens | 9+yrs Corp Abs NNN w/ Incrs | 104 W Butler Rd
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