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201 N Lafayette DrSumter, SC 29150
Walgreens
Asset ClassRetail
overview of deal

Overview

The Kase Group is pleased to present the opportunity to acquire a corporately guaranteed Walgreens located at the signalized intersection of East Calhoun Street and North Lafayette Drive in Sumter, South Carolina. The ±14,820 square foot building sits on a ±1.84-acre parcel and was constructed in 2008. The property is secured by a long-term absolute NNN lease with zero landlord responsibilities and structured rent escalations. The lease includes 5% rental increases every five years, with twelve (12) five-year renewal options, providing long-term income growth and stability. Strategically positioned in a high-traffic corridor with combined traffic counts exceeding 46,000 vehicles per day, the site offers excellent visibility and accessibility. The property is surrounded by prominent national retailers, including Walmart, Lowe’s, Petco, Staples, T-Mobile, and Aspen Dental, enhancing its retail synergy and consumer draw. Additionally, the location benefits from proximity to key educational institutions such as Sumter High School, Morris College, and Central Carolina Technical College, contributing to a strong daytime population and consistent foot traffic. The surrounding area features a mix of established residential neighborhoods and commercial developments, reinforcing the property’s position within a stable and growing market.

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Investment Highlights

Absolute NNN Lease – Zero Landlord Responsibilities

Corporate Guarantee – Backed by Walgreens

5% Rental Increases Every 5 Years

±14,820 SF Building on ±1.84 Acres

High-Traffic Corner Location – Signalized Intersection of E Calhoun St & N Lafayette Dr (46,000+ VPD Combined)

Adjacent to Major National Retailers – Walmart, Lowe's, Petco, Staples, T-Mobile, Aspen Dental

Proximity to Educational Institutions – Sumter High School (2,289 students), Morris College (384 students), Central Carolina Technical College (2,885 students)

Located in a Stable and Growing Market – Surrounded by Residential

Neighborhoods and Commercial Developments

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201 N Lafayette DrSumter, SC 29150

Sales Team

Kase AbusharkhFounding Principal

License #: TX: 708586

(925) 348-1844kase@thekasegroup.com
Jacob AbusharkhManaging Principal

License #: CA DRE: 01385529

(650) 315-2112jacob@thekasegroup.com
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