- For Sale $5,780,000
- Property Type Retail
- Property Size 11,982 SF
- Lot Size 2.57 Acre
- Cap Rate % 6.25
- NOI / YR $361,244.16
- Year Built 2009
- Date Updated Apr 3, 2026
Description
– Prime Location: Situated near the University of South Carolina, attracting a large student population and local residents.
– Strong Demographics: Over 36,000 students enrolled at the university, complemented by a dense residential community.
– High Vehicular Traffic: Located in a popular trade area with numerous QSRs and local businesses, driving consistent customer visits.
– Residential Density: More than 2,100 multifamily and student housing units within a one-mile radius, enhancing potential customer base.
– Low Management Burden: No landlord responsibilities, offering a hands-off investment experience
– Secure Lease: Corporately guaranteed by CVS Caremark Corporation, ensuring reliable rental income and stability.
– Growth Potential: Opportunities for increased sales through student engagement and local marketing strategies.
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Contacts
CBRE
Location
Located at 500 Knox Abbott Drive, Cayce, SC 29033, this property is part of the Cayce neighborhood and Columbia market.
CBRE
