300 E Cornwallis Dr - Drug Store FOR SALE


Greensboro, NC 27408- Old Irving Park
$6,210,000 USD
813-335-5893
300 E Cornwallis Dr, Greensboro, NC for Sale
$6,210,000 USD
Drug Store - FOR SALE
1/4
null | 9.5% Cap Rate

300 E Cornwallis Dr
Greensboro, NC 27408
Old Irving Park


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities for maintenance, repairs, or capex.
  • Corporate guarantee providing enhanced credit security and reduced default risk.
  • Ranked in the top 13% of pharmacy locations nationwide per AlphaMap.
  • Rare 24-hour store and pharmacy at a signalized hard corner with ±30,000 VPD.
  • Generates approximately $3.74 million in annual gross sales.
  • Just 1.3 miles from The Moses H. Cone Memorial Hospital driving prescription demand.

OVERVIEW

Gerard Hamas Matthews of North Carolina, LLC 362768, C42113 (NC) 307 W. Tremont Ave., Ste 200, Charlotte, NC 28203 (866) 889-0550

FOR SALE DETAILS

PRICE

$6,210,000 USD

PRICE/SF

$455 USD /SF

CAP RATE

9.5%

% 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

55

LAND DETAILS

LAND ACRES

1.36 AC

LAND SF

59,242 SF

ZONING

GB

APN/PARCEL ID

0012875

ASK ABOUT THIS PROPERTY

Connor KnauerMatthews Real Estate Investment ServicesMore Info
813-335-5893

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

Connor KnauerMatthews Real Estate Investment ServicesMore Info
813-335-5893

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