For Sale
$2,861,429

224 E Butler RdMauldin, SC 29662

Opportunity to acquire a well established CVS location in Mauldin, SC

Overview

Added:
Jan 27
Days on market:
67
The Kase Group is pleased to present the opportunity to acquire a well established CVS location in Mauldin, South Carolina. The tenant is subject to a double net lease which expires in December 2027 with no options for renewal. The lease is corporately guaranteed by CVS with minimal landlord obligations. This CVS location invested in a Minute Clinic, featured in only 15% of CVS locations. The site benefits from its location within the progressive community of Mauldin, with population expected to grow from 28,000 to 35,000 residents by 2030. 133,316 Residents with an average household income of $101,022 are within 5-miles of the site. The subject is located on a hard corner along E Butler Rd, with exposure to over 24,000 vehicles per day and nearby I-185, which serves as a partial beltway through Greenville's southern suburbs. The site is less than 5 minutes from BridgeWay Station, a 40 acre village featuring residential spaces, offices, shopping, dining, lodging and entertainment.

Location Description
Mauldin is a vibrant, growing city that boasts top-rated schools, diverse cultural experiences and family-friendly fun — all conveniently located just minutes from downtown Greenville. Consistently ranked among the most affordable cities in South Carolina, Mauldin is home to a variety of recreational activities, community events and up-and-coming developments including the highly anticipated BridgeWay Station, the city was recognized by Fortune Magazine as one of the 25 Best Places to Live for Families in 2022 and is a progressive community of approximately 28,000 people.

Highlights

  • Net Lease with Minimal Landlord Obligations (Roof & Structure) Corporate Guarantee New Roof Installed in 2021 Features a Healthhub & Minute Clinic - only in 15% of CVS locations Prime Location in Mauldin - Expected 25% Population Increase by 2030 Desirable Demographics - 133,316 Residents & Avg HH Income $101,022 within a 5-Mile Radius Well Located along E Butler Rd - 24,000+ VPD Nearby BridgeWay Station and I-185

Property Details for 224 E Butler Rd

Property type
Retail properties, Investment properties
Investment Type
net-lease
Square Feet
10,125 SF
Price / Square Foot
$282.61
Buildings
1
Stories
1
Elevators
N/A
Lot Size (sq. ft)
60,984 SF
Units
1

Location Insight

City
Mauldin
County
State
South Carolina

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224 E Butler Rd
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