Map of Property

Walgreens

2498 2nd Loop Rd, Florence, SC 29501

  • For Sale $5,000,000
  • Property Type Retail - Freestanding
  • Property Size 14,500 SF
  • Units 1
  • Lot Size 1.73 Acre
  • Year Built 2003
  • Date Updated Feb 10, 2024
Florence is a city in and the county seat of Florence County, South Carolina, United States. It lies at the intersection of Interstates 20 and 95 and is the eastern terminus of the former. It is the primary city within the Florence metropolitan area. The area forms the core of the historical Pee Dee region of South Carolina, which includes the eight counties of northeastern South Carolina, along with sections of southeastern North Carolina. As of the 2020 census, the population of the city was 39,899, making it the 10th-most populous city in the state.The Kase Group is pleased to present the opportunity to acquire an absolute NNN Leased Walgreens located in Florence, South Carolina. The building consists of 15,500 square feet situated on a 1.73 acre lot. The lease expires in 2078 with a termination option in June 2028. This Walgreens benefits from its hard corner location and exposure to 27,550 vehicles per day on the corner of 2nd Loop Rd and State Rd S-21-29. The site is located minutes from Magnolia Mall, a 613,500 square feet Retail Center and surrounded by various businesses in the area.

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Highlights

  • Absolute NNN Lease
  • S&P Rated BBB- Investment Grade Credit
  • Corporate Guaranty - NASDAQ:WBA
  • Zero Landlord Obligations
  • Seller Financing Availabe
  • Hard Corner Location - 27,550 VPD
  • Minutes from Magnolia Mall - 613,500 SF Retail Center
  • Surrounded by Various Businesses in the Area

Contacts

broker

Jeff Bracco

The Kase Group

(510) 388-4438

Location

Getting Around

  • Walk Score ®

    54/100 Somewhat Walkable

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Florence, SC
  • Zip Code 29501

Points of Interest

  • Florence

    3.44 miles

  • Kangaroo Express

    0.06 miles

  • Phoenix Mart

    1.73 miles

  • BP

    3.48 miles

  • Citgo

    3.48 miles

  • Shell

    3.56 miles

  • Kangaroo Express

    3.60 miles

  • Shell

    3.62 miles

  • RaceWay

    3.65 miles

  • Exxon

    3.71 miles

  • Jackie Postons

    3.71 miles

  • Lowe's

    1.01 miles

  • Sam's Club

    1.31 miles

  • CVS

    2.07 miles

  • McLeod

    3.32 miles

  • Parking Lot D

    8.88 miles

  • Parking Lot C

    8.89 miles

  • Parking Lot I

    8.90 miles

  • Parking Lot A

    8.91 miles

  • Parking Lot B

    8.91 miles

  • Parking Lot E

    9.02 miles

  • Back Barn Barbecue

    0.63 miles

  • McDonald's

    0.79 miles

  • Red Bone Alley

    0.90 miles

  • Schlotzsky's

    0.91 miles

  • Hardee's

    0.94 miles

  • Five Guys

    1.01 miles

  • Shane's Rib Shack

    1.02 miles

  • Cicis

    1.03 miles

  • Moe's Southwest Grill

    1.03 miles

  • Burger King

    1.12 miles

  • Walmart Neighborhood Market

    0.07 miles

  • Harris Teeter

    0.90 miles

  • Piggly Wiggly

    0.91 miles

  • Florence Mall

    0.95 miles

  • Ross

    0.99 miles

  • TJ Maxx

    1.02 miles

  • ALDI

    1.23 miles

  • Walmart Supercenter

    1.38 miles

  • Sears

    1.58 miles

  • Magnolia Mall

    1.74 miles

Frequently Asked Questions

What is the lease rate for Walgreens?

Rental asking rate at Walgreens is $2,500,000.00/YR.

What is the total square footage of Walgreens?

Walgreens totals 14,500 square feet.

When was this property built?

Walgreens was built in 2003.

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Contact Listing Broker

broker

Jeff Bracco

The Kase Group

(510) 388-4438