Walgreens Drug Store with
For Sale
Contact for pricing
Pending
1294 Ribaut Rd, Beaufort, SC 29902
NN-leased drug store at a signalized corner with access from both Ribaut Road and Mossy Oaks Road.
Property SizeContact for details
Days on Market143
Property Features for 1294 Ribaut Rd
General Information
Standard status
Pending
Property subtype
Retail
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Apr 11 at 5:34PM
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 The Boulder Group
Investment Insights
Based on property information with market context.
Located at 1294 Ribaut Road in Beaufort, this Walgreens drug store occupies a signalized intersection with ingress and egress from Ribaut Road and Mossy Oaks Road. The property includes a dual drive-thru and benefits from exposure to a corridor carrying more than 22,000 vehicles per day. Ribaut Road is identified as a major north-south retail route with national retailers including Dollar General, Family Dollar, Burger King, CVS, Hardee’s, and Advance Auto.
The store is approximately 1.2 miles from Beaufort Memorial Hospital and 1.4 miles from Naval Hospital Beaufort. Additional medical offices and facilities are located nearby, including Port Royal Medical Center, The Hearing & Balance Center, Beaufort Center for Dentistry, Pinnacle Plastic Surgery, and Podiatry Associated of Beaufort. More than 50,000 residents live within 5 miles of the property. The site is also near Mossy Oaks Kindergarten-Preschool, Mossy Oaks Elementary School, and Beaufort Middle School.
Walgreens assumed the former Rite Aid lease in 2018. The lease is structured as NN, includes rental increases at the start of each option period, and carries a Walgreens corporate guarantee. A five-year extension was added to the first option period in 2020.
The store is approximately 1.2 miles from Beaufort Memorial Hospital and 1.4 miles from Naval Hospital Beaufort. Additional medical offices and facilities are located nearby, including Port Royal Medical Center, The Hearing & Balance Center, Beaufort Center for Dentistry, Pinnacle Plastic Surgery, and Podiatry Associated of Beaufort. More than 50,000 residents live within 5 miles of the property. The site is also near Mossy Oaks Kindergarten-Preschool, Mossy Oaks Elementary School, and Beaufort Middle School.
Walgreens assumed the former Rite Aid lease in 2018. The lease is structured as NN, includes rental increases at the start of each option period, and carries a Walgreens corporate guarantee. A five-year extension was added to the first option period in 2020.
Key Highlights
- Walgreens drug store at 1294 Ribaut Rd, Beaufort, SC 29902
- NN lease with minimal landlord responsibilities and Walgreens corporate guarantee
- Signalized Ribaut Rd and Mossy Oaks Rd intersection with access from both streets
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
370
Businesses Nearby
84k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 42%
Dining 32%
Groceries 17%
Home Improvements & Furnishings 6%
Piggly Wiggly
Groceries
14,503 visits/mo
0.1 miles
Hardee's
Dining
10,074 visits/mo
0.4 miles
Burger King
Dining
9,772 visits/mo
0.1 miles
Circle K
Shops & Services
9,165 visits/mo
0.0 miles
Roses Discount Store
Shops & Services
7,524 visits/mo
0.1 miles
Demographics for 29902, SC
16,692
Population
7,131
Households
2.3
Avg Household Size
36
Median Age
38%
College-Educated
96%
High-School Grad
18.1 sq mi
ZIP Area
922
Density / Sq Mi
$72,564
Median Household Income
$36,468
Median Earnings
$1,157
Median Rent
$306,000
Median Home Value
Market
Vacancy Rate% for Retail in South region
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Similar Off Market Nearby
- Daniel Winters — 1500 Ribaut Rd, Port Royal, SC 29935
- Jennifer Berg — 1500 Ribaut Rd, Port Royal, SC 29935
- Fred Kessler — 1500 Ribaut Rd, Port Royal, SC 299351403
- CVS Pharmacy — 1500 Ribaut Rd, Port Royal, SC 29935
- Jack Lowe — 1500 Ribaut Rd, Port Royal, SC 299351403
Frequently Asked Questions
What type of property is this?
Drug store - NN-leased drug store at a signalized corner with access from both Ribaut Road and Mossy Oaks Road.
Where is this drug store located?
The property is located at 1294 Ribaut Rd Beaufort, SC.
What are key features of this property?
This property features: Walgreens drug store at 1294 Ribaut Rd, Beaufort, SC 29902; NN lease with minimal landlord responsibilities and Walgreens corporate guarantee; Signalized Ribaut Rd and Mossy Oaks Rd intersection with access from both streets
