105 Foothills Center Dr, West Union, SC 29696
A leased pharmacy asset on a long-running NNN structure with a corporate guaranty from CVS Health.
- Added:
- Jun 17, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 24 at 2:59 am
Property Features for 105 Foothills Center Dr
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1999
Listing office Atlantic Capital Partners (704) 375-7771
Listing date Jun 17, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners
HighLights
- 10,000 SF single‑tenant CVS Pharmacy retail asset built in 1999
- Absolute NNN lease structure
- Corporate guaranty from CVS Health Corporation (NYSE: CVS; S&P: BBB)
- CVS has operated at the location since 1999 (more than 25 years)
- In 2019, tenant executed a 20‑year lease extension; about 13 years of remaining term
- Scheduled rental increases are included during the option periods
Overview
The property is located along Blue Ridge Boulevard, described as the primary retail corridor serving Oconee County. It is positioned within the Greenville-Anderson MSA, with proximity to Lake Keowee and Clemson University. The offering notes a base of full-time residents, second-home ownership, and year-round visitation.
For buyers seeking a mission-critical healthcare retail investment with absolute net responsibilities, this CVS Pharmacy building offers a straightforward, passive-structure arrangement under a corporate guaranty. The extended lease history and remaining term, along with scheduled increases in option periods, are key considerations for investors evaluating long-duration income tied to a national pharmacy operator.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $180.0k | $18.00 |
| − Vacancy | −$6.5k | −$0.65 |
| EGI | $173.5k | $17.35 |
| − OpEx | −$43.4k | −$4.34 |
| NOI | $130.1k | $13.01 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Ingles Pharmacy — 180 Scenic Plaza Dr, West Union, SC 29696
- CVS Pharmacy — 105 Foothills Center Dr, West Union, SC 29696
- Karen Lawrence — 105 Foothills Center Dr, West Union, SC 296962518
- Amanda Simpson — 105 Foothills Center Dr, West Union, SC 29678
- The Pharmacist's daughter — 912 W Main St, Walhalla, SC 29691
Location Insight
- Map
- Local Demand
- City
- West Union
- County
- Oconee
- State
- South Carolina
- Longitude
- -83.0468456
- Latitude
- 34.7563597