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Absolute NNN Pharmacy Property
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9220 Evan Way, Bluffton, SC 29910

Newly built pharmacy leased under an absolute NNN structure with corporate credit support.

Property Size11,286 SF
Price / SF$1,081
Days on Market11

Property Features for 9220 Evan Way

General Information

Standard status Active
Size 11,286 SF
Class A
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $702,154

Site & Location

Corner Location Yes
Traffic Count 30,000 vehicles/day

Additional Details

Gross Income $702,154

Building Details

Year Built 2026
Buildings 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: Aug 5 Changed: Aug 13 Last Checked: Aug 14 at 9:45AM

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 Atlantic Capital Partners

Investment Insights

Based on property information with market context.

This 11,286-square-foot pharmacy property at 9220 Evan Way was constructed in 2026 and occupies the intersection of Okatie Highway and May River Road in Bluffton, South Carolina. The asset is leased on an absolute NNN basis, placing landlord responsibilities with the tenant, and includes a full corporate guaranty from CVS Health Corporation.

The lease begins with a 20-year initial term and provides six additional five-year renewal options, extending the available term through 2073. CVS Health Corporation carries investment-grade ratings of S&P BBB and Moody’s Baa3. The property is positioned along Okatie Highway, which carries 30,000 vehicles per day, and is approximately 8 miles from Hilton Head Island.

Key Highlights

  • 11,286‑square‑foot pharmacy completed in 2026
  • Absolute NNN lease with zero landlord responsibilities
  • Full corporate guaranty from CVS Health Corporation

Property Analytics

Current Use

Drug stores

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Dental Office Furniture & Home Goods Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

80
Businesses Nearby
102k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 37% Dining 34% Shops & Services 27% Beauty & Spa 1%
Publix Groceries
37,915 visits/mo 0.1 miles
Parker's Kitchen Shops & Services
27,727 visits/mo 0.1 miles
Wendy's Dining
13,867 visits/mo 0.2 miles
Starbucks Dining
12,035 visits/mo 0.2 miles
Eggs Up Grill Dining
8,344 visits/mo 0.4 miles

Demographics for 29910, SC

49,140
Population
21,169
Households
2.3
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
104.4 sq mi
ZIP Area
471
Density / Sq Mi
$96,122
Median Household Income
$41,829
Median Earnings
$1,848
Median Rent
$420,200
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Newly built pharmacy leased under an absolute NNN structure with corporate credit support.
Where is this nnn property located?
The property is located at 9220 Evan Way Bluffton, SC.
What is the asking price?
The asking price for this property is $12,211,000.
What are key features of this property?
This property features: 11,286‑square‑foot pharmacy completed in 2026; Absolute NNN lease with zero landlord responsibilities; Full corporate guaranty from CVS Health Corporation
(704) 375-7771 Call to check price and availability
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