NNN Drive-Thru Pharmacy &
680 Old Greenville Highway Clemson, SC 29631
680 Old Greenville Highway, Clemson, SC, 29631
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For Sale
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NNN leased property with a drive-thru pharmacy and detached six-pump fueling station under a Walmart-guaranteed lease.
Days on Market105
Property Features for 680 Old Greenville Highway
General Information
- Standard status
- Active
- Property subtype
- Retail, Office
Listing agency
Sands Investment Group Los Angeles
Listed by
Chris Sands · License #CA 01387583
Source
Crexi
Added: Apr 10 Updated: Jul 23 at 1:31AM Checked: Jul 23 at 1:31AM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
This NNN investment features a drive-thru pharmacy along with a detached six-pump fueling station. New construction was completed in 2015, and the roof includes a 15-year warranty. The lease provides for a minimal landlord responsibility structure limited to roof and structure only.
The property is offered with an 18-year remaining term of a new 20-year lease and includes four (4) five-year renewal options. Rent increases are scheduled at 10% for options 1 and 2 and 5% for options 3 and 4. The lease is supported by a corporate lease guarantee from Walmart, with stated credit ratings of S&P—AA and Moody’s—Aa2.
The site is described as being in immediate proximity to Clemson University and Southern Wesleyan University, with over 25,000 students combined within walking distance of 1,400 multi-family units. The property also provides direct access to Highway 123 via Old Greenville Hwy, with Clemson’s two main thoroughfares identified as approximately 60,000 VPD. A developable pad site at the front entrance to Walmart is noted as potential value add.
The property is offered with an 18-year remaining term of a new 20-year lease and includes four (4) five-year renewal options. Rent increases are scheduled at 10% for options 1 and 2 and 5% for options 3 and 4. The lease is supported by a corporate lease guarantee from Walmart, with stated credit ratings of S&P—AA and Moody’s—Aa2.
The site is described as being in immediate proximity to Clemson University and Southern Wesleyan University, with over 25,000 students combined within walking distance of 1,400 multi-family units. The property also provides direct access to Highway 123 via Old Greenville Hwy, with Clemson’s two main thoroughfares identified as approximately 60,000 VPD. A developable pad site at the front entrance to Walmart is noted as potential value add.
Key Highlights
- NNN leased property with a drive‑thru pharmacy and detached six‑pump fueling station under a Walmart lease guarantee
- New construction completed in 2015
- 18 years remaining of a new 20‑year lease with four (4) x five (5)-year renewal options
Property Analytics
Location Intelligence
Current Use by Public Records
Founders Insurance Services
Insurance Agency
Walmart Fuel Station
Gas Station
Amerigas Propane Exchange
Propane Supplier
Walmart Pharmacy
Pharmacy
Coinstar Kiosk | Bitcoin ...
Currency Exchange Service
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FAQs
What type of property is this?
NNN property - NNN leased property with a drive-thru pharmacy and detached six-pump fueling station under a Walmart-guaranteed lease.
Where is this nnn property located?
The property is located at 680 Old Greenville Highway Clemson, SC.
What are key features of this property?
This property features: NNN leased property with a drive‑thru pharmacy and detached six‑pump fueling station under a Walmart lease guarantee; New construction completed in 2015; 18 years remaining of a new 20‑year lease with four (4) x five (5)-year renewal options
