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Andrews, SC 29510,15 W Ashland St.
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Andrews, SC 29510,15 W Ashland St.
Andrews, SC 29510,15 W Ashland St.
Andrews, SC 29510,15 W Ashland St.
Andrews, SC 29510,15 W Ashland St.
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Coastal Carolina Group

Coastal Carolina Group

Innovate Real Estate-Coastal Carolina Group

Listed by Jeff Forman • Keller Williams The Forturro G
$ 1,385,000
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15 W Ashland St. Andrews, SC 29510

23,752 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 23,752 sqft

Price per Sqft $58

MLS Listing ID 2512963

HOA Y/N No

Lot Size 1.870 Acres

Acres 1.87

Property Sub-Type Retail

Source CCAR

Property Description

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 increases—one in year 5 and another in year 9—ensuring 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!

Location

State SC

County Georgetown

Area 54A Andrews Are--Includes City Of Andrews

Zoning COM

Interior

Heating Central

Cooling Central Air

Fireplace No

Exterior

Exterior Feature Sprinkler/ Irrigation

Present Use Retail

Building

Entry Level One

Sewer Public Sewer

Level or Stories One

Others

Senior Community No

Tax ID 06-0004-054-00-00

Security Features Security System,Fire Sprinkler System

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

Coastal Carolinas Multiple Listing Service, Inc (CCMLS)

Copyright 2025 Coastal Carolinas Multiple Listing Service, Inc. All rights reserved.

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Coastal Carolina Group

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