Single-Tenant Net Leased Retail
115 Highway 14 Simpsonville, SC 29681
115 Highway 14, Simpsonville, SC, 29681
Contact for pricing
For Sale
Contact for pricing
Pending
Freestanding Walmart Neighborhood Market with on-site fuel station and drive-thru pharmacy under a corporate-guaranteed lease.
Days on Market103
Property Features for 115 Highway 14
General Information
- Standard status
- Pending
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 10 Updated: Jul 21 at 7:33AM Checked: Jul 21 at 7:33AM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
Freestanding, net leased, corporate guaranteed, single-tenant retail property offering fee simple ownership (land and building). The asset is a Walmart Neighborhood Market, and the parcel also includes a freestanding Walmart-branded fuel station. The site further features a drive-thru pharmacy as part of the existing configuration.
The property is situated along State Highway 14. It is near the signalized hard corner of Pelham Road and NE. Main Street, and it is also positioned near Interstates 185 and 385 for convenient accessibility.
The lease is guaranteed by Wal-Mart Stores Inc. and is described as having 19 years remaining in the primary term, with rental increases scheduled at the beginning of each 5-year option period. The purchase highlights provided also reference an investment-grade credit rating for the guarantor and a roof warranty.
The property is situated along State Highway 14. It is near the signalized hard corner of Pelham Road and NE. Main Street, and it is also positioned near Interstates 185 and 385 for convenient accessibility.
The lease is guaranteed by Wal-Mart Stores Inc. and is described as having 19 years remaining in the primary term, with rental increases scheduled at the beginning of each 5-year option period. The purchase highlights provided also reference an investment-grade credit rating for the guarantor and a roof warranty.
Key Highlights
- Fee simple (land & building) interest in a freestanding, net leased, single‑tenant Walmart Neighborhood Market in Simpsonville, SC
- Lease is corporately guaranteed by Wal‑Mart Stores Inc. (NYSE: WMT) with an investment grade credit rating of AA from Standard & Poor’s
- 19 years remaining in the primary lease term; rental increases at the beginning of each 4 (5‑year) option period
Property Analytics
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar For Sale Nearby
Similar Off Market Nearby
- Walmart Neighborhood Market — 115 SC-14, Simpsonville, SC 29681
FAQs
What type of property is this?
Grocery and convenience store - Freestanding Walmart Neighborhood Market with on-site fuel station and drive-thru pharmacy under a corporate-guaranteed lease.
Where is this grocery and convenience store located?
The property is located at 115 Highway 14 Simpsonville, SC.
What are key features of this property?
This property features: Fee simple (land & building) interest in a freestanding, net leased, single‑tenant Walmart Neighborhood Market in Simpsonville, SC; Lease is corporately guaranteed by Wal‑Mart Stores Inc. (NYSE: WMT) with an investment grade credit rating of AA from Standard & Poor’s; 19 years remaining in the primary lease term; rental increases at the beginning of each 4 (5‑year) option period
