Andrews, SC 29510 15 W Ashland St.

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Presented By: Keller Williams The Forturro G;
  • MLS# 2512963
  • 05/23/2025
  • Request Tour
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  • SQFT • 23,752

Home Details

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!
Presented By: Keller Williams The Forturro G;

Interior Features for 15 W Ashland St.

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Window FeaturesDisplayWindows

General for 15 W Ashland St.

Additional Parcels Y/NNo
Attached Garage No
Building FeaturesDriveInDoors, KitchenFacilities, LoadingDock, PublicRestrooms
Business NamePiggly Wiggly
Business TypeRetail
Carport Y/NNo
CityAndrews
Construction MaterialsBrickVeneer
CoolingCentralAir
CountyGeorgetown
Current UseRetail
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense0.0
Land Lease Y/NNo
Leasable Area23752.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lease TypeEscalationClause, Net
LevelsOne
MLS Area54A Andrews Are--includes city of Andrews
MobileHomeRemainsYNNo
New ConstructionNo
Number Of Units Total1
PossessionClosing
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubtypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Security FeaturesSecuritySystem, FireSprinklerSystem
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActiveUnderContract
StatusActiveUnderContract
Stories1
Tax Annual Amount0.0
ZoningCOM

Exterior for 15 W Ashland St.

Crops Included Y/NNo
Exterior AmenitiesSprinklerIrrigation
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions417 x 191 x 426 x 191
Lot Size Acres1.87
Lot Size SourcePublicRecords
Number of Buildings1
Open Parking Y/NNo
SpaNo
WaterfrontY/NNo

Additional Details

Price History

Marihelen Hower

Real Estate Sales
Price $1,385,000
MLS#2512963
List Date 05/23/2025
Property Type Contingent
Phone 717.437.0169
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