1700 W Ehringhaus St - Drug Store FOR SALE


Elizabeth City, NC 27909
$4,300,000 USD
443-717-2336
1700 W Ehringhaus St, Elizabeth City, NC for Sale
$4,300,000 USD
Drug Store - FOR SALE
1/6
null | 7.56% Cap Rate

1700 W Ehringhaus St
Elizabeth City, NC 27909


HIGHLIGHTS

  • Strong Reported Sales
  • Below Market Rent
  • Long Term Absolute NNN Lease
  • Zero Landlord Obligations Corporate Guarantee - NASDAQ WBA
  • Prime Corner with 38,265 VPD at Halstead Blvd and W Ehringhaus St (2022)
  • Neighboring Tenants such as Chick-Fil-A, Lowes, Panera, Burger King, and many more

OVERVIEW

Explore this exceptional Single Tenant Absolute NNN opportunity, boasting a well-maintained 14,550 SF building built in 2007. This property offers a prime location in the bustling Elizabeth City area, with zoning for General Business. This property presents a compelling investment for the NNN investor seeking a lucrative and stable opportunity in a thriving market. Don't miss the chance to take advantage of this Corporate Guaranteed, well-positioned asset with over 8 years left on the current term. Strong Reported Sales, Below Market Rent, Long Term Absolute NNN Lease, Zero Landlord Obligations Corporate Guarantee - NASDAQ WBA, Prime Corner with 38,265 VPD at Halstead Blvd and W Ehringhaus St (2022), Neighboring Tenants such as Chick-Fil-A, Lowes, Panera,

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

7.56%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens Pharmacy #10132

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.18 AC

LAND SF

94,961 SF

ZONING

GB

APN/PARCEL ID

891309163607

ASK ABOUT THIS PROPERTY

Brody TennantTennant Commercial AdvisorsMore Info
443-717-2336

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Brody TennantTennant Commercial AdvisorsMore Info
443-717-2336

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