1498 White Mountain Hwy - Drug Store FOR SALE
North Conway, NH 03860 |
$5,548,000 USD
214-643-6097
1498 White Mountain Hwy
North Conway, NH 03860
HIGHLIGHTS
- Over 9 years remaining on initial 25-year Absolute NNN FLAT lease through September 30, 2033 with fifty 1-year renewal option.
- Walgreens (NASDAQ: WBA; S&P Credit Rating BBB-; Moody’s Rating Ba2) operates nearly 9,000 retail locations across the U.S. and Puerto Rico
- Situated on a large ±1.935- acre lot with great visibility/access on White Mountain Hwy (main north/south thoroughfare)
- From a traffic standpoint, this site ranks in the top 22% of Walgreens locations in New Hampshire and the top 32% nationally.
- Settlers Green Outlets have a draw of 2.4 million shoppers annually
- 2023 DEMOGRAPHICS: Total Population (5-MI): 9,322 | Average Household Income (1-MI): $98,619
FOR SALE DETAILS
PRICE
$5,548,000 USD
PRICE/SF
$406 USD /SF
CAP RATE
7.3%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
WALGREENS - NORTH CONWAY, NH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Bank, Convenience Store, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2008
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.94 AC
LAND SF
84,506 SF
ZONING
C
APN/PARCEL ID
CNWY-000246-000020-000002
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214-643-6097
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214-643-6097
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