For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers

224 E Butler Rd Mauldin, SC 29662

Sponsored
For Sale
$2,861,429

Established CVS, high-growth Mauldin, SC.

Property size:
10,125 SF

Description

Added:
Jan 27, 2025
Days on Market:
344
This offering presents a unique opportunity to acquire a well-established CVS Pharmacy located in the thriving city of Mauldin, South Carolina. The property features a 10,125 square foot building situated on a 1.4-acre lot at a prominent hard corner location on E Butler Rd, experiencing over 24,000 vehicles per day. The property benefits from its proximity to I-185 and the rapidly developing BridgeWay Station, a 40-acre mixed-use development. This CVS location is distinguished by its inclusion of a MinuteClinic, a feature present in only 15% of CVS locations nationwide. The property is subject to a double net lease, corporately guaranteed by CVS, expiring in December 2027 with no renewal options. Landlord responsibilities are minimal, focusing on roof and structure maintenance. The roof was recently replaced in 2021. Mauldin is experiencing significant population growth, projected to increase from 28,000 to 35,000 residents by 2030. The strong demographics within a 5-mile radius include 133,316 residents with an average household income of $101,022. This investment offers a compelling combination of a stable, nationally recognized tenant, a prime location in a high-growth market, and minimal landlord responsibilities, making it an attractive addition to any investment portfolio. The asking price for this net-lease investment property is $2,861,429.

Property Features for 224 E Butler Rd

General Information

Property type
Other retail properties
Investment Type
net-lease
Square Feet
10,125 SF
Price / Square Foot
$282
Elevators
N/A
Lot Size
60,984 SF

Building Details

Buildings
1
Stories
1
Units
1

HighLights

  • High‑traffic location on E Butler Rd, exceeding 24,000 vehicles daily.
  • Strong CVS corporate guarantee with minimal landlord responsibilities until 2027.
  • Prime Mauldin, SC location; population projected to increase 25% by 2030.
Location Intelligence

Current Use by Public Records

CVS Photo Passport Photo Processor Angela P. Stiles, ... Doctor CDReload - Online Bitcoin ... Money Transfer Service MinuteClinic at CVS Walk-In Clinic CVS Pharmacy Pharmacy

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Mauldin
State
South Carolina
Longitude
-82.296239
Latitude
34.784044

FAQs

What type of property is this?
Other retail property - Established CVS, high-growth Mauldin, SC.
Where is this other retail property located?
The property is located at 224 E Butler Rd Mauldin, SC.
What is the asking price?
The asking price for this property is $2,861,429.
What are key features of this property?
This property features: High-traffic location on E Butler Rd, exceeding 24,000 vehicles daily.; Strong CVS corporate guarantee with minimal landlord responsibilities until 2027.; Prime Mauldin, SC location; population projected to increase 25% by 2030.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message