CVS | Johns Island, SC
Sands Investment Group is Pleased to Exclusively Offer For Sale the 9,798 SF CVS NNN Asset Located at 2803 Maybank Highway in Johns Island, SC. This Deal Includes an Absolute Triple Net Lease (NNN) With 10+ Years Remaining and Strong Rental Increases at Options, Providing For a Secure Investment.
- Absolute Triple Net Lease (NNN) With 10+ Years Remaining
- Strong Rental Increases – 5% at Options
- Superior Location Off Maybank Hwy and River Road, Seeing Over 26,000 VPD
- Harris Teeter-Anchored Retail Center Currently Under Development, Positioned Across River Road
- CVS Has Demonstrated a Long-Term Commitment to this Location Since 2005, Highlighting its Confidence in the Property
- CVS Has Over 9,000 Locations in the U.S. and is One of the Largest Pharmacy Chains in the Country, With Stores in Nearly Every State
- Investment Grade Credit / Fortune 500 Company: Lease Corporately Guaranteed By CVS Health, the 6th Ranked Company in the Fortune 500 With an S&P Credit Rating of BBB and Over $358 Billion in Total Revenue (2023)
- Johns Island is Part of the Charleston MSA and Features an Affluent Community With an Average Household Income of Over $95,000 Within a 5-Mile Radius
- Johns Island is Located Less Than 10-Miles From Downtown Charleston, Offering an Attractive Combination of Coastal Beauty and Easy Access to South Carolina’s Largest City
In Cooperation With Sands Investment Group Charleston, LLC – Lic. #20891 BoR: Chris Sands – Lic. SC #93103
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