407 W Main St - Drug Store FOR SALE


Jamestown, NC 27282
$3,834,000 USD
949-345-0970
407 W Main St, Jamestown, NC for Sale
$3,834,000 USD
Drug Store - FOR SALE
1/6
null | 6.5% Cap Rate

407 W Main St
Jamestown, NC 27282


HIGHLIGHTS

  • Rare 5% Rental Increases Every 5 Years - Corporate Tenant
  • Triple Net (NNN) Lease - Zero Landlord Responsibilities
  • Limited Competition - Only Drug Store Within 4 Mile Radius
  • Drive Thru Location - 122K Residents Within 5 Miles
  • Recent Lease Extension - Nine (9.1) Years Remaining
  • Reports Healthy Total Store Sales - Contact Broker for Details

OVERVIEW

Walgreens (NASDAQ: WBA) is the second largest drugstore chain in the U.S., with over 13,000 stores in all 50 states.

FOR SALE DETAILS

PRICE

$3,834,000 USD

PRICE/SF

$393 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens | Jamestown, NC (W Main St.)

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

GB

APN/PARCEL ID

0160270

ASK ABOUT THIS PROPERTY

Ian SchroederCBRE, Inc.More Info
949-345-0970

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Ian SchroederCBRE, Inc.More Info
949-345-0970

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