121 Railroad Ave - Drug Store FOR SALE


Rutherfordton, NC 28139
$1,750,000 USD
248-450-3254
121 Railroad Ave, Rutherfordton, NC for Sale
$1,750,000 USD
Drug Store - FOR SALE
1/6
null | 7.5% Cap Rate

121 Railroad Ave
Rutherfordton, NC 28139


HIGHLIGHTS

  • Strong Fundamental Real Estate with Multiple Points of Access and Attractive Curb Appeal
  • Equipped With Ample Parking (66 Surface Spaces)
  • Located on Hard, Signalized Corner with 23,000+ VPD
  • Current Annual Rent of $11.72 PSF is Replaceable & Well Below the Chainwide Average, Improving Likelihood of Renewal

OVERVIEW

For Sale

FOR SALE DETAILS

PRICE

$1,750,000 USD

PRICE/SF

$156 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

66

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C2

APN/PARCEL ID

1634962

ASK ABOUT THIS PROPERTY

Robert MichilLegacy Commercial Real Estate AdvisorsMore Info
248-450-3254

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Robert MichilLegacy Commercial Real Estate AdvisorsMore Info
248-450-3254

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.