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CVS Drug Store with NNN Lease

9220 Evan Way, Bluffton, SC 29910

For Sale
Contact for pricing

A full corporate guaranty and extended initial lease term support this newly built pharmacy asset.

Property Size11,286 SF
Price / SF$1,036
Days on Market9

Property Features for 9220 Evan Way

General Information

Standard status Active
Size 11,286 SF
Property subtype Retail

Site & Location

Corner Location Yes
Traffic Count 30,000 vehicles/day

Additional Details

Gross Income $702,154
Tenant in Place Yes

Building Details

Year Built 2026
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License NC #288268
Source: Crexi
Added: Nov 2 Changed: Nov 9 Last Checked: Nov 9 at 2:02PM

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

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Investment Insights

Based on property information with market context.

Completed in 2026, this 11,286-square-foot drug store is leased to CVS under an Absolute NNN structure. CVS Health Corporation provides a full corporate guaranty. The lease includes a 20-year initial term and six 5-year renewal options, with no landlord responsibilities under the stated lease structure.

The property at 9220 Evan Way is positioned where Okatie Highway meets May River Road. Traffic on Okatie Highway is reported at 30,000 vehicles per day, and Hilton Head Island is 8 miles away. Bluffton has 40,057 residents, reflecting 41.42% growth since the 2020 Census and an annual growth rate of 5.13%.

Key Highlights

  • 11,286‑square‑foot pharmacy built in 2026
  • Absolute NNN lease with full corporate guaranty from CVS Health Corporation
  • 20‑year initial lease term with 6 x 5‑year renewal options

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Drug stores

Suggested Use

Top Pick Auto Repair Shop Storage Facility Garden Center Furniture & Home Goods Dental Office 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
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

78
Businesses Nearby
102k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Groceries 37% Dining 34% Shops & Services 27% Beauty & Spa 1%
Publix Groceries
37,915 visits/mo 0.2 miles
Parker's Kitchen Shops & Services
27,727 visits/mo 0.1 miles
Wendy's Dining
13,867 visits/mo 0.1 miles
Starbucks Dining
12,035 visits/mo 0.2 miles
Eggs Up Grill Dining
8,344 visits/mo 0.5 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
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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

Frequently Asked Questions

What type of property is this?
Drug store - A full corporate guaranty and extended initial lease term support this newly built pharmacy asset.
Where is this drug store located?
The property is located at 9220 Evan Way Bluffton, SC.
What is the asking price?
The asking price for this property is $11,703,000.
What are key features of this property?
This property features: 11,286‑square‑foot pharmacy built in 2026; Absolute NNN lease with full corporate guaranty from CVS Health Corporation; 20‑year initial lease term with 6 x 5‑year renewal options
(704) 375-7771 · Office Call to check price and availability
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