1115 Old Towne Rd | Charleston, SC 29407
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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
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
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 418-02-00-168 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $224,250 |
PROPERTY TAXES
Parcel Number
418-02-00-168
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$224,250
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