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    1537 Charleston Hwy West Columbia, SC

    For Sale
    $4,580,000

    Retail property with corporate Walgreens lease in West Columbia, SC.

    Property size:
    14,820 SF
    Lot size:
    2.38 Acres

    Property Features for 1537 Charleston Hwy

    General Information

    Size
    14,820 SF
    Lot size
    2.38 Acres

    Source: CBRE - El Segundo Agent Tony Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Property with Walgreens Lease

    This retail property is located in West Columbia, South Carolina. The property is suitable for retail use. The lease is corporately guaranteed by Walgreens Boots Alliance, a large pharmacy retail chain in the United States. Walgreens specializes in filling prescriptions, health and wellness products, health information, and photo services. Walgreens operates over 9,000 locations and has annual revenue exceeding $139 billion, making it one of the ten largest retailers in the country. The property has a size of 14,820 square feet.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

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

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

    Similar Places Nearby

    Betsy L. Kimbrell, RPH, COVID-19 Drive-thru Testing at Walgreens, Ritu Lacas, Roger Bradley, Mary Douglass Smith

    Location Insight

    • Map
    • Local Demand
    City
    West Columbia
    County
    Lexington
    State
    South Carolina
    Longitude
    -81.0739825
    Latitude
    33.9934867

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    FAQs

    What type of property is this?
    Drug store - Retail property with corporate Walgreens lease in West Columbia, SC.
    Where is this drug store located?
    The property is located at 1537 Charleston Hwy West Columbia, SC.
    What is the asking price?
    The asking price for this property is $4,580,000.
    What are key features of this property?
    This property features: - Lease is corporately guaranteed by Walgreens Boots Alliance.; - Walgreens is the second largest pharmacy retail chain in the United States.; - Walgreens operates 9,000+ locations.
    (310) 303-9870
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1537 Charleston Hwy West Columbia, SC
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