126 Medway Dr · Orangeburg, SC 29118 · Specialty Retail
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Brand-New 2023 Construction – Modern prototype Petco store
Corporate Lease – Guaranteed by Petco Animal Supplies Stores, Inc. (NYSE: WOOF)
15-Year Absolute NNN Lease – No landlord maintenance or management obligations
8.5% Rent Increases Every 5 Years – Built-in inflation hedge
Excellent Frontage & Visibility – Over 28,000 vehicles per day along U.S. 178
Located in Orangeburg’s Primary Retail Node – Adjacent to major shopping and dining destinations
Near South Carolina State University & Claflin University – Strong student and local consumer base
Close to Columbia, Charleston & Augusta – Access to multiple regional MSAs
Growing Regional Economy – Anchored by education, healthcare, and manufacturing sectors
Healthy Demographics – Average household income over $53,000 within 10 miles
Population Base of 52,000+ within 10 miles
Fee Simple Ownership – Ideal for 1031 exchange or long-term investors
E-Commerce Resistant Tenant – Pet care, grooming, and wellness drive consistent in-store traffic
High-Visibility Retail Corridor – Surrounded by Walmart, Lowe’s, Chick-fil-A, and Prince of Orange Mall
Embree Capital Markets Group is pleased to present the exclusive offering of a newly constructed, build-to-suit Petco located at 126 Medway Drive in Orangeburg, South Carolina. This single-tenant retail asset is backed by a 15-year absolute NNN lease featuring 8.5% rental increases every five years, offering investors long-term, predictable cash flow with no landlord responsibilities. The property sits in the heart of Orangeburg’s main retail corridor with strong surrounding national co-tenancy and over 28,000 vehicles per day along North Road (U.S. Highway 178).
Orangeburg is strategically located just 37 miles southeast of Columbia, South Carolina’s state capital, and within 64 miles of Augusta, GA and 76 miles of Charleston, SC, providing regional connectivity to several major southeastern MSAs. The city serves as the economic and educational center for Orangeburg County, home to South Carolina State University, Claflin University, and Orangeburg-Calhoun Technical College, which collectively enroll thousands of students annually. The area supports a population of over 52,000 residents within a 10-mile radius and benefits from a strong industrial and healthcare presence, including Zeus Industrial Products, Husqvarna, and the Regional Medical Center of Orangeburg and Calhoun Counties. These factors, combined with the property’s proximity to the Prince of Orange Mall and major road networks, create a stable foundation for long-term retail success.
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Asking-market observation aggregated from public listing sources, last observed Sep 25, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.