Log In/Sign Up
Your email has been sent.
CVS - Bluffton, SC 9221 Evan Way 11,286 SF Retail Building Bluffton, SC 29910 $12,211,000 ($1,081.96/SF) 5.75% Cap Rate



Investment Highlights
- Brand-new 2026 construction
- Backed by CVS Health, an investment-grade tenant
- Positioned on Bluffton's primary commercial artery
Executive Summary
Brand-new 2026 construction featuring a full 20-year lease term with six 5-year renewal options and zero landlord responsibilities.
Backed by CVS Health, an investment-grade tenant with approximately 9,000 locations nationwide and $372 billion in annual revenue.
Purpose-built location reflects CVS's continued expansion into high-growth, high-income markets.
Bluffton's population has grown more than 41% since 2020, ranking among the fastest-growing communities in the Southeast.
Average household income exceeds $121,000 within one mile, further supported by proximity to Hilton Head Island and its 2.5 million annual visitors.
Positioned on Bluffton's primary commercial arteries with more than 47,000 combined vehicles per day.
Backed by CVS Health, an investment-grade tenant with approximately 9,000 locations nationwide and $372 billion in annual revenue.
Purpose-built location reflects CVS's continued expansion into high-growth, high-income markets.
Bluffton's population has grown more than 41% since 2020, ranking among the fastest-growing communities in the Southeast.
Average household income exceeds $121,000 within one mile, further supported by proximity to Hilton Head Island and its 2.5 million annual visitors.
Positioned on Bluffton's primary commercial arteries with more than 47,000 combined vehicles per day.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,286 SF
Building Class
B
Year Built
2026
Construction Status
Under Construction
Price
$12,211,000
Price Per SF
$1,081.96
Cap Rate
5.75%
NOI
$702,154
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.91 AC
Zoning
HB - Highway Business
Frontage
378’ on Evan Way
Not walkable
10/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | R610-036-000-0979-0000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $4,580 |
Property Taxes
Parcel Number
R610-036-000-0979-0000
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$4,580
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
