This Retail Property is no longer advertised on LoopNet.com.
1115 Old Towne Rd
Charleston, SC 29407
Walgreens - Charleston, SC · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- 4 Years Remaining With (4) 5 Year Option Periods
- NNN Lease With Limited Landlord Responsibilities and Depreciation Benefits
- Long Term Tenant Has Been Operating at This Location Since 1998
- Corporate Guaranteed Lease Featuring Investment Grade Credit (S&P: BBB)
- Extremely Rare 14% Rent Bump at the End of the Remaining Term and Then Nearly 2% Rent Bumps on Each of the Options Periods
- Walgreens is the Second-Largest Pharmacy Store Chain in the United States
PROPERTY FACTS
Property Type
Retail
Property Subtype
- Drug Store
- General Retail Storefront
- Office Medical
Building Size
10,908 SF
Building Class
B
Year Built
1998
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
1.25 AC
Parking
30 Spaces (2.75 Spaces per 1,000 SF Leased)
Frontage
- 195’ on Ashley River Rd
- 183’ on Old Towne Rd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
LINKS
PROPERTY TAXES
Parcel Number | 418-02-00-168 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $224,250 |
Listing ID: 32023593
Date on Market: 6/5/2024
Last Updated:
Address: 1115 Old Towne Rd, Charleston, SC 29407
The West Ashley Retail Property at 1115 Old Towne Rd, Charleston, SC 29407 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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