501 Harper St, Laurens, SC 29360
11,200 SF | Retail Building | Laurens, SC 29360 | $1,400,000 ($125/SF)
For Sale
Active
3 pictures
Asking Price $1,400,000
- Property Type
-
Retail
- Square Feet
- 11,200 SF
- Price / Square Foot
- $125
Listing Contacts
Jeff Lefko
Bill Asher
- Property Info
Property Overview
Hard-Corner Signalized Intersection | Value-Add Investment Opportunity | Corporate Lease (NASDAQ: WBA; S&P: BBB-)
Property Details
- Class
- B
- Year Built
- 1999
- Stories
- 1
- Property Subtype
- Drug Store
- Lot Size (sq. ft)
- 59,677 SF
Highlights
- Value-Add Investment Opportunity: The subject property is a Dark Walgreens paying $223,426 on an absolute NNN lease expiring 9/7/28
- If a prospective buyer purchases with the Walgreens in-place, the buyer could collect income until the property is re-tenanted
- Opportunity for Developer Representing a Tenant or Owner/User
- The Subject Property is Equipped with a Drive Thru
- Hard-Corner Signalized Intersection with Access from Both Hillcrest Drive and Harper Street | Offered Significantly Below Replacement Cost
- Growing Laurens County Suburb: Over 52.40% population growth in a 3-mile radius between 2010 and 2020 and another 3.20% projected by 2028
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