1500 E Broad Ave - Drug Store FOR SALE


Rockingham, NC 28379
$3,807,000 USD
704-379-1985
1500 E Broad Ave, Rockingham, NC for Sale
$3,807,000 USD
Drug Store - FOR SALE
1/5
null | 7.75% Cap Rate

1500 E Broad Ave
Rockingham, NC 28379


HIGHLIGHTS

  • Excellent positioning within the main retail corridor in town
  • Signalized corner intersection shared with Lowe’s anchored shopping center and Richmond Plaza shopping mall | 29,000 VPD Combined
  • Located inside of primary retail corridor in the surrounding area | 1.3M SF within a 1-mile radius
  • Long operating history | Leased since 2008
  • Large parcel | 1.44 acres
  • Less than 1 mile from First Health Moore Regional Hospital Richmond | 99 beds

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,807,000 USD

PRICE/SF

$262 USD /SF

CAP RATE

7.75%

% 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

2009

SPRINKLERS

-

PARKING SPACES

54

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

Commercial

APN/PARCEL ID

747202-56-7645

ASK ABOUT THIS PROPERTY

Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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Ransome FooseBerkeley Capital AdvisorsMore Info
704-379-1985

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