For Sale
$4,750,000

2498 2nd Loop Rd Florence, SC 29501

NNN Leased Walgreens in Florence, SC

Overview

Added:
Jan 24
Days on market:
92
This exceptional investment opportunity presents a chance to acquire an absolute NNN leased Walgreens property situated in Florence, South Carolina. The property encompasses 15,500 square feet and sits on a 1.73-acre lot, offering significant potential for long-term passive income. The lease agreement extends to 2028, with ten five-year renewal options, ensuring a stable and predictable cash flow. This Walgreens enjoys a highly visible hard corner location, benefiting from exposure to a substantial daily traffic count of 27,550 vehicles at the intersection of 2nd Loop Rd and State Rd S-21-29. Its strategic location is further enhanced by its proximity to Magnolia Mall, a major 613,500 square foot retail center, and a cluster of other businesses. Florence itself is a thriving city, serving as the county seat of Florence County and located at the intersection of Interstates 20 and 95. The city's robust population and strategic location within the Pee Dee region contribute to the property's strong investment appeal. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property with a secure, long-term lease. The property offers zero landlord obligations, providing a truly passive investment experience. Seller financing is available, making this an even more attractive proposition for qualified investors.

Highlights

  • NNN leased Walgreens in Florence, SC; lease expires 2028 with renewal options.
  • 15,500 sq ft building on a 1.73-acre lot, high traffic location (27,550 VPD).
  • Prime location near Magnolia Mall and other businesses in a growing South Carolina city.

Property Details for 2498 2nd Loop Rd

Property type
Retail properties
Square Feet
14,500 SF
Price / Square Foot
$327.59
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
75,359 SF
Units
1

Location Insight

City
Florence
County
State
South Carolina

FAQs

What type of property is this?
Retail property - NNN Leased Walgreens in Florence, SC
Where is the retail property located?
The property is located at 2498 2nd Loop Rd Florence, SC.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: NNN leased Walgreens in Florence, SC; lease expires 2028 with renewal options.; 15,500 sq ft building on a 1.73-acre lot, high traffic location (27,550 VPD).; Prime location near Magnolia Mall and other businesses in a growing South Carolina city.
How can I contact the broker?
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2498 2nd Loop Rd
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