1537 Charleston HwyWest Columbia, SC 29033

This exceptional investment opportunity presents a 14,820 square foot Walgreens located at 1537 Charleston Hwy, West Columbia, SC 29033. The property sits on a 2.36-acre lot and boasts a strong 7.25% cap rate with a Net Operating Income (NOI) of $332,000. This single-tenant, absolute triple-net (NNN) lease with Walgreens Boots Alliance offers a passive investment structure with the tenant responsible for all property expenses, including taxes, insurance, and maintenance. The lease, originally commencing June 18, 2007, has a remaining term of approximately 7.6 years, with fifty 1-year renewal options. Built in 2006, this one-story building benefits from a high-traffic location on Highway 321 (Charleston Hwy), experiencing 32,900 vehicles daily, and features a convenient drive-thru. The property's strategic location within a thriving retail corridor, near major retailers like Walmart and Dollar General, and its proximity to the Columbia Metropolitan Airport (CAE), ensures consistent customer traffic. West Columbia's steady population growth further strengthens the investment's long-term potential. The asking price is $4,580,000, translating to a price per square foot of $309.04. This is a rare opportunity to acquire a well-performing, low-maintenance, and highly desirable Walgreens property with a corporate guarantee.