Former Rite Aid - Simpsonville, SC
202 Scuffletown Rd
Former Rite Aid - Simpsonville, SC - Retail for sale
•The property is leased to Eckerd Corporation, a subsidiary of Rite Aid. Rite Aid is one of the largest retail pharmacy chains in the country with over 4,500 locations across the United States.
•The tenant is operating on an absolute triple-net lese with absolutely zero landlord responsibilities, offering a passive investment opportunity for the remainder of the current lease term.
•The property is located along a major retail thoroughfare that includes national retail tenants such as Publix, Bi-Lo, Lowes Foods, Walgreens, and CVS. Other traffic drivers in the immediate area include SportsClub Five Forks, Greenville County Public Library, and Greenville Tennis Club.
•The property is surrounded by a densely-populated and affluent consumer base, with over 98,000 residents and an average household income of $101,000 within a five-mile radius.
•With more than four years of cash flow in-place before the lease expires, future ownership has time to secure a new tenant while collecting rental payments.
|Tenure Type||Sale / Purchase|
|Property Address||202 Scuffletown Rd, Simpsonville, SC 29681-7202|
|Land In Acres||1.45|
|Building Size||10,908 ft2|
|Tenant's Name||RITE AID Corporation|
|Lease Expiration Date||12/10/2023|
Other properties you may be interested in
Identity Group - Net Lease Industrial Portfolio
Various - See Om For Details, , TNType(s): IndustrialTenure(s): Sale / PurchasePrice ($USD): 8,000,000Space Available: 200,749 ft2
Bob's Discount Furniture - Stoughton, MA
601 Technology Center Dr, Stoughton, MA 02072-4719Type(s): RetailTenure(s): Sale / PurchasePrice ($USD): 9,390,000Space Available: 34,136 ft2
Walgreens - East Providence
600 Warren Ave, East Providence, RI 02914-2808Type(s): RetailTenure(s): Sale / PurchasePrice ($USD): 3,790,850Space Available: 16,657 ft2
Bob's Discount Furniture
515 Boston Post Rd, Orange, CT 06477-3509Type(s): RetailTenure(s): Sale / PurchasePrice ($USD): 6,588,000Space Available: 28,024 ft2
Walgreens - Westbrook, CT
1211 Boston Post Rd, Westbrook, CT 06498-1949Type(s): RetailTenure(s): Sale / PurchasePrice ($USD): 8,532,000Space Available: 14,820 ft2
Ashley HomeStore - Leasehold
51 Richards Ave, Norwalk, CT 06854-2309Type(s): RetailTenure(s): Sale / PurchasePrice ($USD): Contact UsSpace Available: 24,041 ft2