Walgreens for Sale in Kershaw, SC
Kershaw, SC
Key Investment Metrics
Price
$970,000
Cap Rate
10.0%
Net Operating Income
$97,000
Building Size
13396 SF
Land Area
1.22 Acres
Remaining Term
15.4 years
Lease Expiration
11/30/2041
Lease Term
45.8 years
Lease Commencement
02/15/1996
Lease Type
NN
Tenant Credit
Corporate Guarantee
Year Built
1997
Occupancy
100%
Tenancy
Single
Rent Increases
Yes - See Lease Abstract Page
Property overview
Walgreens in Kershaw
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 13,396 SF
- Land area
- 1.22 acres
- Year built
- 1997
- Lease type
- NN
- Lease expiration
- 11/30/2041
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.