- For Sale $4,580,000
- Property Type Retail
- Property Size 14,820 SF
- Additional Rent Contact for pricing
- Year Built 2006
- Date Updated Oct 22, 2024
CORPORATE GUARANTEE FROM WALGREENS | The lease is corporately guaranteed by Walgreens Boots Alliance, the second largest pharmacy retail chain in the United States. It specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens operates 9,000+ locations and has annual revenue exceeding $139 billion, making it one of the ten largest retailers in the country.
EXCELLENT SITE-LEVEL VISIBILITY & CONVENIENCE | The subject property has frontage along Highway 321 (Charlestown Hwy), which has daily traffic counts of 32,900 vehicles per day. The property also features a dedicated drive-thru, which adds a meaningful level of convenience to the customer experience while also substantially increasing location sales.
STRONG POPULATION GROWTH | West Columbia has shown consistent population growth in recent years, with annual growth over the last 5 years exceeding 1% within a 5-mile radius of the property, with steady growth projected over the next 5 years. This provides Walgreens with a reliable, growing customer base for the store.
LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
The property is subject to an Absolute Triple Net (NNN) lease with over 8 years remaining on the lease, resulting in zero landlord management responsibilities. The tenant is responsible for taxes, insurance, and all maintenance & repairs at the property, including roof and structure, providing a totally passive ownership structure for an investor.
STRATEGIC LOCATION
The subject property benefits from its location within a strong retail corridor surrounded by prominent national retailers. These include Walmart, Dollar General, U-Haul, AutoZone, McDonald’s, and many more. Also, within 5 miles of the property is the Columbia Metropolitan Airport (CAE), the main commercial airport for Columbia and the Midlands region of South Carolina.
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
False
Contacts
Location
Getting Around
-
Walk Score ®
55/100 Somewhat Walkable -
Bike Score ®
46/100 Somewhat Bikeable
- City West Columbia, SC
- Zip Code 29033
- Market Columbia
Points of Interest
-
Columbia
2.62 miles
-
Sunoco
0.40 miles
-
Walmart
0.42 miles
-
Marathon
1.06 miles
-
K Stop
1.07 miles
-
BP
1.15 miles
-
Mobil
1.19 miles
-
Shell
1.21 miles
-
Marathob
1.31 miles
-
Columbia, SC - Harbison Boulevard Supercharger
8.36 miles
-
Lexington SC Supercharger
9.05 miles
-
Convention Center Parking
2.82 miles
-
Discovery Plaza Garage
2.89 miles
-
901 Park St Garage
2.89 miles
-
AD12
3.00 miles
-
Horizon Garage
3.02 miles
-
D2 Lot
3.07 miles
-
D7 Lot
3.08 miles
-
S32 Lot
3.09 miles
-
D8 Lot
3.10 miles
-
S33 Lot
3.10 miles
-
Maurice's BBQ
0.06 miles
-
Best Of China
0.11 miles
-
Golden Chopstix
0.15 miles
-
Vacchio's Greek & Italian Bistro & Lounge
0.19 miles
-
Hardee's
0.29 miles
-
McDonald's
0.36 miles
-
Arby's
0.36 miles
-
Cinnabon
0.39 miles
-
La Fiesta
0.40 miles
-
Subway
0.41 miles
-
Walmart Neighborhood Market
0.45 miles
-
Town and Country Shopping Center
0.88 miles
-
Mercado Acapulco
1.21 miles
-
Walmart Supercenter
1.46 miles
-
KJ's Market IGA - West Columbia
1.50 miles
-
Food Lion
1.68 miles
-
BI-LO
1.77 miles
-
El Mariachi
1.87 miles
-
Capitol Shopping Center
1.94 miles
-
Sylvan Food Systems
1.97 miles
Frequently Asked Questions
How much does 1537 Charleston Highway West cost?
The space currently listed for sale at 1537 Charleston Highway West asks for $4,580,000.
What is the total square footage of 1537 Charleston Highway West?
1537 Charleston Highway West totals 14,820 square feet.
When was this property built?
1537 Charleston Highway West was built in 2006.
Looking for more in-depth information on this property?
Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.