Walgreens NNN Property For Sale — Bamberg, SC
3518 Main Highway, Bamberg, SC 29003
This Walgreens property is strategically located in Bamberg, South Carolina, within the Augusta MSA. The tenant recently extended its lease through November 2030, demonstrating a long-term commitment to the location. The lease features two remaining 5-year renewal options, each with a 5% rent increase, and benefits from an exceptionally low rental rate. Significant property upgrades include a new roof and HVAC system. The 10,233-square-foot building is well-positioned on Main Highway, a primary north-south thoroughfare with a daily traffic count of 7,800 vehicles, leading directly into downtown Bamberg. The area boasts a strong retail presence with neighboring tenants such as Piggly Wiggly, Farmers Home Furniture, Dollar Tree, Hardee’s, and Wells Fargo Bank. The surrounding five-mile radi…
- Address: 3518 Main Highway, Bamberg, SC 29003
- Asking price $1.01M
- 9.00% cap rate
- NOI $90,720
- 4.2 years remaining
- nn lease
- Year built: 1995
- Building size: 10,233 SF
- Lot size: 1.01 acres
- Lease expiration: Nov 30, 2030
- Rent increases: 5% in each option
- Guarantor: Corporate
Location
This Walgreens property is at 3518 Main Highway in Bamberg, South Carolina.
Asset type: Retail Pharmacy