15 W Ashland St.
Andrews, SC 29510
- COMZoning
- 23,752SqFt
- 1Units
- N/ASale/Rent
- N/AWet Lands
- 1.87Acres
- MLS# 2512963
- Commercial
- Retail
- Active
- Approx Time on Market1 month, 27 days
- AreaAndrews Area--Includes City of Andrews
- CountyGeorgetown
- Subdivision N/A
Overview
We are thrilled to present an exceptional investment opportunity located at 15 W Ashland St, Andrews, SC. This successful single-tenant grocery store is every investor's dream, featuring a NNN lease with zero liabilities for the owner. This property boasts a solid cap rate of 7%, derived from a net operating income. The Piggly Wiggly store has been a staple in the community for over 30 years, becoming a franchise location in 2013. The new lease is for 15 years with two scheduled increasesone in year 5 and another in year 9ensuring steady growth and valuation. This nearly 24,000 square foot, all-brick store is situated on 1.87 acres, just two blocks from the new Andrews Municipal Complex, making it a prime location for continued growth. The store has a proven track record, with total sales averaging an impressive price per square foot. The current owner, who previously managed the store, knows the business well and has set the foundation for future success. Whether you are looking to expand your portfolio or enter the grocery sector, this property offers a fantastic opportunity to invest in a reliable, profitable establishment. Contact us to view the Offering Memorandum, lease, and all additional information TODAY!
Agriculture / Farm
Grazing Permits Blm: ,No,
Horse: No
Grazing Permits Forest Service: ,No,
Grazing Permits Private: ,No,
Irrigation Water Rights: ,No,
Farm Credit Service Incl: ,No,
Crops Included: ,No,
Association Fees / Info
Hoa: No
Bathroom Info
Building Info
New Construction: No
Num Stories: 1
Levels: One
Mobile Home Remains: ,No,
Zoning: COM
Building Features: DriveInDoors, KitchenFacilities, LoadingDock, PublicRestrooms
Construction Materials: BrickVeneer
Building Area Source: PublicRecords
Buyer Compensation
Exterior Features
Spa: No
Window Features: DisplayWindows
Exterior Features: SprinklerIrrigation
Financial
Lease Renewal Option: ,No,
Business Name: Piggly Wiggly
Garage / Parking
Garage: No
Carport: No
Open Parking: No
Attached Garage: No
Interior Features
Fireplace: No
Lot Info
Lease Considered: ,No,
Lease Assignable: ,No,
Acres: 1.87
Lot Size: 417 x 191 x 426 x 191
Land Lease: No
Misc
Pool Private: No
Offer Compensation
Property Info
County: Georgetown
Current Use: Retail
View: No
Number of Units Total: 1
Senior Community: No
Stipulation of Sale: None
Habitable Residence: ,No,
Property Sub Type Additional: Retail
Property Attached: No
Security Features: SecuritySystem, FireSprinklerSystem
Rent Control: No
Number of Buildings: 1
Room Info
Basement: ,No,
Sold Info
Sqft Info
Sqft: 23752
Tax Info
Unit Info
Utilities / Hvac
Heating: Central
Cooling: CentralAir
Electric On Property: No
Cooling: Yes
Sewer: PublicSewer
Heating: Yes
Waterfront / Water
Waterfront: No
Courtesy of Keller Williams The Forturro G
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