Single-Tenant Net Leased Retail
For Sale
Contact for pricing
Pending
115 Highway 14, Simpsonville, SC 29681
Freestanding Walmart Neighborhood Market with on-site fuel station and drive-thru pharmacy under a corporate-guaranteed lease.
Property SizeContact for details
Days on Market149
Property Features for 115 Highway 14
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Traffic Count
12,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Patrick R. Luther, CCIM · License #01912215
(480) 221-4221
Source:
Crexi
Added: Apr 10
Changed: Aug 14
Last Checked: Aug 29 at 4:05PM
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
Property Profile
Current Use
Lease Details
12,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
160k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Groceries 43%
Shops & Services 4%
Beauty & Spa 1%
Walmart Neighborhood Market
Groceries
39,058 visits/mo
0.0 miles
Chick-fil-A
Dining
30,523 visits/mo
0.1 miles
Food Lion Grocery Store
Groceries
30,357 visits/mo
0.2 miles
McDonald's
Dining
20,216 visits/mo
0.2 miles
Starbucks
Dining
15,674 visits/mo
0.1 miles
Demographics for 29681, SC
63,257
Population
25,079
Households
2.5
Avg Household Size
41
Median Age
50%
College-Educated
96%
High-School Grad
43.7 sq mi
ZIP Area
1,448
Density / Sq Mi
$107,694
Median Household Income
$54,834
Median Earnings
$1,615
Median Rent
$325,700
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Walmart Neighborhood Market — 115 SC-14, Simpsonville, SC 29681
Frequently Asked Questions
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
