November 2, 2022 – Bob Horvath and Todd Tremblay of Horvath & Tremblay have successfully completed the sale of Walgreens in York, South Carolina. Horvath & Tremblay exclusively represented the seller and procured the buyer to complete this transaction at a sale price of $4,800,708.
Walgreens is located at 997 East Liberty Street in York, South Carolina. Walgreens has occupied this Property since it was constructed in 2008 and they have 10+ years remaining on an absolute triple-net lease with fifty (50), 1-year renewal options. The Property is situated on a highly visible corner parcel at the signalized intersection of East Liberty Street (SC Routes 5 & 161) and Cooperative Way/Lowes Way. East Liberty Street is the area’s primary commercial and commuter corridor and benefits from traffic counts in excess of 16,300 vehicles per day. The Property enjoys outstanding visibility and frontage and benefits from two points of access. The Property is ideally situated along East Liberty Street positioned directly across from a Lowe’s and Walmart Supercenter and is 0.7-miles from SC Highway 5 which connects York with Rock Hill, SC.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.