CVS Pharmacy | Corporate Guaranteed Investment

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30298795
Property Subtypes: Free-Standing Building, Street Retail, Other
Status: Pending
Building Size (RSF): 10,880 SF
Gross Building Area: See Agent
Gross Land Area: 1.39 Acres
Sale Price: $1,600,000
Unit Price: $147.06 PSF
Property Use Type: Net Leased Investment (NNN), Investment
Building Name: CVS Pharmacy
Sale Terms: Cash to Seller
Cap Rate: 6.9%
Last Updated: 1/15/2019

Overview / Comments

This investment grade CVS is situated on 1.39+/- acres and positioned on a hard corner at the busy intersection of Dorchester Rd. & Bacons Bridge Rd. (26,200VPD) in Summerville, SC. Lease is corporate guaranteed by the Tenant.

Adjacent to Sunoco, Exxon, and Walmart. Neighboring multi-tenant retail building is at 100% occupancy and includes dry good retailers, service oriented retailers, and eateries.

Bacons Bridge Road (US-165) is the main corridor from Summerville running through the 72,000+/- acre East Edisto project landing in Ravenel, SC at the intersection of HWY 17 South & US-165. Excellent opportunity to invest ahead of the game and in the path of progress.

Additional Details

Nearest MSA: Charleston-North Charleston
County: Dorchester
Submarket/Township: 62 - Summerville/Ladson Area to Hwy.165
Tax ID/APN: 152-16-01-015
Zoning: CG - General Commercial District
Property Visibility: Excellent
Traffic/Vehicle Count: 28,300
Tenancy: Single Tenant
Property Condition: Average
Year Built: 2001
Parking Type: Surface
Zoning Description: CG - Commercial General in Dorchester County
Water Service: Municipal
Sewer Type: Municipal

View FullscreenMap

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,299 47,392 111,248
Median Age: 38.96 36.92 35.53
Households: 3,028 18,186 41,499
© Copyright 2001-2018 Catylist. All Rights Reserved. The information presented herein is provided as is, without warranty of any kind. Neither South Carolina Statewide Commercial MLS nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.