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Investment Highlights

  • Long-Term Lease
  • Zero Landlord Responsibiltiies
  • Strong Real Estate Fundamentals
  • Investment Grade Credit
  • Strong Store Sales
  • Limited Competition

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple investment property located at 902 W Greenwood Street in Abbeville, South Carolina (the “Property”). The Property, constructed in 2006, is leased to CVS and consists of a 9,801 square foot building with two dedicated drive through lanes. CVS recently extended their lease, demonstrating their commitment to the site and the market. CVS has 11 years remaining on their Absolute NNN lease with four (4), five-year renewal options. CVS occupies a highly visible location near the signalized intersection of Carwellyn Road/Thomson Circle and W Greenwood Street (SC Route 73), a primary commercial and commuter corridor in Abbeville. The Property benefits from strong access and exposure within an established suburban retail corridor supported by nearby residential neighborhoods, local schools, Abbeville Area Medical Center, and a mix of neighborhood-serving retail. The surrounding trade area is further strengthened by a concentration of industrial, manufacturing, and flex properties in southwestern Abbeville, which contributes a significant daytime workforce and provides a stable employment base. This dynamic supports consistent weekday traffic and ongoing demand for convenience-oriented retail and pharmacy services. Additionally, the Property offers convenient access to several state roadways, enabling efficient circulation throughout the immediate area and strong connectivity to the broader upstate South Carolina region. Abbeville is in north-central South Carolina and 45 is miles south of Greenville and about 100 miles west of Columbia, South Carolina.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
9,801 SF
Building Class
B
Year Built
2006
Price
$1,833,333
Price Per SF
$187.06
Cap Rate
6%
NOI
$110,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
1.88 AC

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • Mar 2037

CVS Pharmacy began in 1963 as Consumer Value Stores in Lowell, Massachusetts, selling health products. The company expanded into pharmacy services in 1967 and was later acquired by Melville Corporation. Through strategic acquisitions like MinuteClinic and Caremark, CVS grew its healthcare services. The 2018 merger with Aetna made CVS Health a major player in insurance. Today, the company operates pharmacies nationwide, manages pharmacy benefits, and provides health insurance through various subsidiaries.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - Mar 2037
Somewhat walkable
30/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
121-00-00-098
Land Assessment
$6,590
Improvements Assessment
$53,440
Total Assessment
$60,030
  • Listing ID: 40146777

  • Date on Market: 4/14/2026

  • Last Updated:

  • Address: 902 W Greenwood St, Abbeville, SC 29620

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