15 W Ashland St., Andrews, South Carolina 29510

SC, Andrews
Listing courtesy of from Keller Williams The Forturro G
843-612-1473 jeff@forturro.com
$1,385,000
  • 23,752
  • Commercial Sale Property Type
  • Active Status
Jeremy Jenks
Jeremy Jenks Keller Williams Oak & Ocean Group
  • 843.428.0111
  • jeremy@oakandocean.com
  • 601 21st Ave N #204, Myrtle Beach, SC 29577
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!
Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: 2512963
  • Price: $1,385,000
  • Square Footage: 23,752
  • Lot Area: 1.87 Acre
  • Listing Status: Active
  • Office Name: Keller Williams The Forturro G
  • Property Sub Type: Retail
  • Agent Phone Number: 843-612-1473
  • Agent Email: jeff@forturro.com
Features
  • Heating System Central
  • Cooling System Central Air
  • Window Features Display Window(s)
  • Exterior Features Sprinkler/Irrigation
  • Sewer Public Sewer
Address Map
  • Country US
  • State SC
  • County Georgetown
  • City Andrews
  • Zipcode 29510
  • Street: Ashland St.
  • Street Number: 15
  • Zoning: COM
  • Mls Area Major: 54A Andrews Are--includes city of Andrews
  • Street Dir Prefix: W
Additional Information
  • Business Type: Retail
  • Construction Materials: Brick Veneer
  • Current Use: Retail
  • Levels: One
  • Lot Size Dimensions: 417 x 191 x 426 x 191
  • Number Of Units Total: 1
  • On Market Date: 2025-05-23
  • Stories: 1
  • is_gated: Yes
Listing Information
  • Co List Agent Mls Id: 14063
  • Co List Office Mls Id: 3677
  • Co List Office Name: Keller Williams The Forturro G
  • List Agent Mls Id: 14722
  • List Office Mls Id: 3677
  • Listing Term: Cash, Conventional
  • Mls Status: Active
  • Modification Timestamp: 2025-05-23T15:59:56Z
  • Originating System Name: CCAR
  • Special Listing Conditions: None

Similar Properties

OakOcean_Logo_script_WHITE
kw-white
operations@oakandocean.com
(843) 279-5469
601 21st Ave N #204, Myrtle Beach, SC 29577
image_white

Schedule Appointment

Fill out the form below, and we will be in touch shortly.