Mauldin, SC

Price: $ 2,620,000
CAP Rate: 7.65%
NOI: $ 200,296
Lease Term Remaining Before Options: 1 Year 9 Months
Investment Highlights
  • This CVS includes a MinuteClinic, one of approximately 800+ locations within CVS’s 9,000+ store network.
  • CVS has operated at this location since 1997 and has demonstrated a consistent history of lease renewals, having exercised all three renewal options, underscoring its long-term commitment to the site.
  • Mauldin has experienced approximately 1.9% annual population growth and is projected to grow at ~1.6% annually within the 1-, 3-, and 5-mile trade areas.
  • The subject property is located approximately 10 miles from downtown Greenville, with direct access via Interstate 385, a primary corridor serving the Upstate region.
  • The property is situated within a dense residential trade area, with over 52,000 residents and average household incomes of $111,919 within a 3-mile radius. The store serves approximately 3,500 households within a 1-mile radius.
Offering Summary

For additional information, please contact Chris Barry at cb@pharmapropertygroup.com or (818) 585-8006. Thank you.

Price: $ 2,620,000
CAP Rate: 7.65%
NOI: $ 200,296
Lease Term Remaining Before Options: 1 Year 9 Months