3432 Edwards Mill Rd - Drug Store FOR SALE


Raleigh, NC 27612- Crabtree Valley
$5,040,000 USD
704-714-2363
3432 Edwards Mill Rd, Raleigh, NC for Sale
$5,040,000 USD
Drug Store - FOR SALE
1/9
null | 6.25% Cap Rate

3432 Edwards Mill Rd
Raleigh, NC 27612
Crabtree Valley


HIGHLIGHTS

  • Affluent surrounding area | $145,441 average household income within a 1-mile radius
  • 5 minutes from UNC Rex Hospital | 665 beds
  • 11+ years of lease term remaining
  • Corporate lease | Walgreen Co. | 8,886+ locations nationwide
  • Across the street to Harris Teeter anchored shopping center | 117,567 SF of retail space
  • Located inside of dense retail corridor | 2.5M SF within a 2-mile radius

OVERVIEW

Carl Brendes and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Walgreens in Raleigh, NC. We welcome your review of this attractive investment.

FOR SALE DETAILS

PRICE

$5,040,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

70

LAND DETAILS

CROSS STREETS

Ed Drive

LAND ACRES

1.95 AC

LAND SF

84,942 SF

ZONING

NB

APN/PARCEL ID

0785.12-75-7701-000,0785.12-85-1079-000

ASK ABOUT THIS PROPERTY

Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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Carl BrendesBerkeley Capital AdvisorsMore Info
704-714-2363

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