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    5294 Calhoun Memorial Hwy Easley, SC 29640

    For Sale
    $5,100,000

    NNN leased Walgreens with long term investment security potential.

    Property size:
    14,550 SF
    Lot size:
    1.87 Acres

    Property Features for 5294 Calhoun Memorial Hwy

    General Information

    Size
    14,550 SF
    Lot size
    1.87 Acres

    Source: Furman Capital Advisors Agent Robert Schmidt

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

    Overview

    Easley Walgreens NNN Investment Opportunity

    This property presents an investment opportunity with an absolute NNN lease, offering zero landlord responsibilities. The lease has approximately 7.25 years remaining, with an additional 50 years available in option periods, providing long-term investment security potential. The location benefits from excellent demographics, including an average household income of $73,526 within a 1-mile radius and a population density exceeding 200,000 people within a 10-mile radius, indicating a strong customer base. The property is occupied by Walgreens, an established retail pharmaceutical provider with over 8,700 locations throughout the United States, including in Puerto Rico and the US Virgin Islands. The property is 14,550 square feet and located in Easley, SC.
    Location Intelligence

    Current Use by Public Records

    Drug stores

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    PharMerica – Easley, SC, Nursing Home Consultant Pharmacy, Custom-Med Compounding Pharmacy, Steven Stewart, Rosemary Duncan

    Location Insight

    • Map
    • Local Demand
    City
    Easley
    County
    Pickens
    State
    South Carolina
    Longitude
    -82.561486
    Latitude
    34.82601

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    FAQs

    What type of property is this?
    Drug store - NNN leased Walgreens with long term investment security potential.
    Where is this drug store located?
    The property is located at 5294 Calhoun Memorial Hwy Easley, SC.
    What is the asking price?
    The asking price for this property is $5,100,000.
    What are key features of this property?
    This property features: - Absolute NNN Lease: Enjoy zero landlord responsibilities.; - Long-Term Lease: Benefit from approximately 7.25 years remaining with a 50-year option.; - Established Tenant: Leased to Walgreens, a major retail pharmaceutical provider.
    (864) 678-5995
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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
    5294 Calhoun Memorial Hwy Easley, SC 29640
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