2012 Brackenville Rd - Drug Store FOR SALE


Hockessin, DE 19707
$5,779,500 USD
332-345-4222
2012 Brackenville Rd, Hockessin, DE for Sale
$5,779,500 USD
Drug Store - FOR SALE
1/2
null | 8% Cap Rate

2012 Brackenville Rd
Hockessin, DE 19707


HIGHLIGHTS

  • Lease Guaranteed by Walgreen’s Corp Entity|Former Happy Harry’s Location that was Acquired by Walgreens and Rebranded Due to Strong Store Performance
  • Large 2.30 Acre Parcel | Located on a Hard Corner and Four-Way Signalized Intersection | Two Modes of Ingress/Egress
  • Excellent Ease of Access and Visibility Off Lancaster Pike and Brackenville Road

OVERVIEW

NNN Pro Group is pleased to present the exclusive listing for the Walgreens located at 2012 Brackenville Road in Hockessin, Delaware. The site consists of roughly 11,916 rentable square feet of building space on an estimated 2.3-acre parcel of land. This property is subject to a long term, triple net (NNN), which expires on February 29, 2028. The current annual rent is $462,360 and is scheduled to increase by 12.5% in each of the 3, 5-year renewal options.

FOR SALE DETAILS

PRICE

$5,779,500 USD

PRICE/SF

$485 USD /SF

CAP RATE

8%

% 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

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.3 AC

LAND SF

100,188 SF

ZONING

CN

APN/PARCEL ID

08-013.20-024

ASK ABOUT THIS PROPERTY

Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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Glen KunofskyNNN Pro GroupMore Info
332-345-4222

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