Walgreens

Sumter, South Carolina is a growing city located in the heart of the state, approximately 45 miles east of Columbia. As the economic and cultural center of Sumter County, the city plays a key role in the region’s commerce, education, and healthcare sectors. One of Sumter’s largest economic drivers is Shaw Air Force Base, which supports both military and civilian personnel and anchors the local economy. The city is also home to several higher education institutions, including Morris College and Central Carolina Technical College, in addition to a range of public and private K–12 schools. Healthcare services are led by Prisma Health Tuomey Hospital, a regional medical facility providing comprehensive care to the surrounding communities. Sumter offers a mix of residential neighborhoods, local businesses, and recreational amenities such as Swan Lake Iris Gardens—home to all eight species of swan. With affordable housing, a steady employment base, and a strong sense of community, Sumter continues to attract residents and investment interest throughout the Midlands region of South Carolina.The Kase Group is pleased to present the opportunity to acquire a corporately guaranteed Walgreens located at the signalized intersection of East Calhoun Street and North Lafayette Drive in Sumter, South Carolina. The ±14,820 square foot building sits on a ±1.84-acre parcel and was constructed in 2008. The property is secured by a long-term absolute NNN lease with zero landlord responsibilities and structured rent escalations. The lease includes 5% rental increases every five years, with twelve (12) five-year renewal options, providing long-term income growth and stability. Strategically positioned in a high-traffic corridor with combined traffic counts exceeding 46,000 vehicles per day, the site offers excellent visibility and accessibility. The property is surrounded by prominent national retailers, including Walmart, Lowe's, Petco, Staples, T-Mobile, and Aspen Dental, enhancing its retail synergy and consumer draw. Additionally, the location benefits from proximity to key educational institutions such as Sumter High School (2,289 students), Morris College (384 students), and Central Carolina Technical College (2,885 students), contributing to a strong daytime population and consistent foot traffic. The surrounding area features a mix of established residential neighborhoods and commercial developments, reinforcing the property's position within a stable and growing market.