1123 N Raleigh St - Drug Store FOR SALE


Rocky Mount, NC 27801
$1,300,000 USD
919-576-2500
1123 N Raleigh St, Rocky Mount, NC for Sale
$1,300,000 USD
Drug Store - FOR SALE
1/6
null | Request Cap Rate

1123 N Raleigh St
Rocky Mount, NC 27801


HIGHLIGHTS

  • Double drive-thru and 62 parking spaces
  • Tenant willing to buyout lease
  • Located near signalized intersection

OVERVIEW

Freestanding, former Walgreens located along East Raleigh Boulevard, one of Rocky Mount’s primary commercial corridors, this highly visible freestanding property benefits from strong local traffic and convenient access to downtown Rocky Mount, US Highway 64, and Interstate 95. Positioned near the signalized intersection of E. Raleigh Boulevard and N. Fairview Road, the site serves a well-established trade area and offers excellent accessibility for retail, medical, service, or restaurant users. 14,217 SF on 1.67 Acres Freestanding, former Walgreens located near signalized intersection Built in 2004 Double drive-thru and 62 parking spaces All brick construction, prominent visibility NOI $124,375 through 5/31/2028 Tenant willing to buyout lease

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$91 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Former Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,745 SF

ZONING

B2CD

APN/PARCEL ID

3860-20-1611-00

ASK ABOUT THIS PROPERTY

Jake PlotkinLee & AssociatesMore Info
919-576-2500

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Jake PlotkinLee & AssociatesMore Info
919-576-2500

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