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2498 2nd Loop Rd Florence, SC 29501

Sponsored
For Sale
$4,750,000

NNN Leased Walgreens in Florence, SC

Property size:
14,500 SF

Description

Added:
Jan 24, 2025
Days on Market:
347
This exceptional investment opportunity presents a chance to acquire an absolute NNN leased Walgreens property situated in Florence, South Carolina. The property encompasses 15,500 square feet and sits on a 1.73-acre lot, offering significant potential for long-term passive income. The lease agreement extends to 2028, with ten five-year renewal options, ensuring a stable and predictable cash flow. This Walgreens enjoys a highly visible hard corner location, benefiting from exposure to a substantial daily traffic count of 27,550 vehicles at the intersection of 2nd Loop Rd and State Rd S-21-29. Its strategic location is further enhanced by its proximity to Magnolia Mall, a major 613,500 square foot retail center, and a cluster of other businesses. Florence itself is a thriving city, serving as the county seat of Florence County and located at the intersection of Interstates 20 and 95. The city's robust population and strategic location within the Pee Dee region contribute to the property's strong investment appeal. This is a rare opportunity to acquire a high-performing, low-maintenance commercial property with a secure, long-term lease. The property offers zero landlord obligations, providing a truly passive investment experience. Seller financing is available, making this an even more attractive proposition for qualified investors.

Property Features for 2498 2nd Loop Rd

General Information

Property type
Other retail properties
Square Feet
14,500 SF
Price / Square Foot
$327
Elevators
N/A
Lot Size
75,359 SF

Building Details

Buildings
1
Stories
1
Units
1

HighLights

  • NNN leased Walgreens in Florence, SC; lease expires 2028 with renewal options.
  • 15,500 sq ft building on a 1.73‑acre lot, high traffic location (27,550 VPD).
  • Prime location near Magnolia Mall and other businesses in a growing South Carolina city.
Location Intelligence

Current Use by Public Records

Casey F. Norris, ... Pharmacy Walgreens Photo Passport Photo Processor Cardtronics ATM Atm Redbox Movie Rental Kiosk Kimberly W. Joyner, ... Pharmacy

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Florence
State
South Carolina
Longitude
-79.810504
Latitude
34.175579

FAQs

What type of property is this?
Other retail property - NNN Leased Walgreens in Florence, SC
Where is this other retail property located?
The property is located at 2498 2nd Loop Rd Florence, SC.
What is the asking price?
The asking price for this property is $4,750,000.
What are key features of this property?
This property features: NNN leased Walgreens in Florence, SC; lease expires 2028 with renewal options.; 15,500 sq ft building on a 1.73-acre lot, high traffic location (27,550 VPD).; Prime location near Magnolia Mall and other businesses in a growing South Carolina city.
More about this property
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