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Walgreens | Laurens, SC 501 N Harper St

11,200 SF Retail Building Laurens, SC 29360 £1,104,600 (£99/SF)

Investment Highlights

  • Value-Add Investment Opportunity: The subject property is a Dark Walgreens paying $223,426 on an absolute NNN lease expiring 9/7/28
  • Opportunity for Developer Representing a Tenant or Owner/User
  • Hard-Corner Signalized Intersection with Access from Both Hillcrest Drive and Harper Street | Offered Significantly Below Replacement Cost
  • If a prospective buyer purchases with the Walgreens in-place, the buyer could collect income until the property is re-tenanted
  • The Subject Property is Equipped with a Drive Thru
  • Growing Laurens County Suburb: Over 52.40% population growth in a 3-mile radius between 2010 and 2020 and another 3.20% projected by 2028

Executive Summary

Hard-Corner Signalized Intersection | Value-Add Investment Opportunity | Corporate Lease (NASDAQ: WBA; S&P: BBB-)

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,200 SF
Building Class
B
Year Built
1999
Price
£1,104,600
Price Per SF
£99
Tenancy
Single
Number of Floors
1
Building FAR
0.19
Land Acres
1.37 AC
Zoning
B3 - Highway Service District
Parking
57 Spaces (5.09 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Signalised Intersection
  • Drive Thru
  • Monument Signage

Links

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501 N Harper St, Laurens, SC - aerial map view

PROPERTY TAXES

Parcel Number 906-12-09-010 Improvements Assessment £0
Land Assessment £0 Total Assessment £169,520

PROPERTY TAXES

Parcel Number
906-12-09-010
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£169,520
(844) 585-7682

  • Listing ID: 32478354

  • Date on Market: 16/07/2024

  • Last Updated:

  • Address: 501 N Harper St, Laurens, SC 29360

The Retail Property at 501 N Harper St, Laurens, SC 29360 is currently available For Sale. Contact Hanley Investment Group for more information.

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501 N Harper St, Laurens, SC for sale Building Photo- Image 1 of 4
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501 N Harper St, Laurens, SC for sale Site Plan- Image 2 of 4
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501 N Harper St, Laurens, SC for sale Aerial- Image 3 of 4
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© 2024 CoStar Group

Walgreens | Laurens, SC | 501 N Harper St
(844) 585-7682 x

Walgreens | Laurens, SC | 501 N Harper St

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Jeff Lefko

(844) 585-7682

(844) 585-7682

Bill Asher

(844) 585-7684

(844) 585-7684

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