Walgreens 3518 Main Hwy

The Boulder Group is pleased to exclusively market for sale a single tenant net leased Walgreens property in the Augusta MSA in Bamberg, South Carolina. In 2018, Walgreens took over the lease from Rite Aid and recently extended it through November 2030, reaf?rming their long-term commitment. The lease includes two remaining 5-year renewal options, each with a 5% rent increase. Walgreens bene?ts from an exceptionally low rental rate. Additionally, the building has undergone signi?cant upgrades, including a new roof and HVAC system.
The 10,233-square-foot building is strategically positioned along Main Highway, a major north-south corridor with a traf?c volume of 7,800 vehicles per day that leads directly into downtown Bamberg. The property is surrounded by a strong mix of neighboring tenants, including Piggly Wiggly, Farmers Home Furniture, Dollar Tree, Hardee’s, and Wells Fargo Bank. Within a ?ve-mile radius, 9,386 residents have an average annual household income of $52,358. Additionally, the area has limited competition, with the nearest pharmacy located over six miles to the west.
Walgreens is included in the Retail Pharmacy USA Division of Walgreens Boots Alliance, Inc., a global leader in retail pharmacy. As America’s most loved pharmacy, health and beauty company, Walgreens purpose is to champion the health and wellbeing of every community in America. Operating more than 8,600 retail locations across America, Puerto Rico and the U.S. Virgin Islands, Walgreens is proud to be a neighborhood health destination serving approximately 8 million customers each day. Walgreens pharmacists play a critical role in the U.S. healthcare system by providing a wide range of pharmacy and healthcare services.