3300 Ramsey St - Drug Store FOR SALE


Fayetteville, NC 28301- Brookwood
$3,932,737 USD
619-297-0055
3300 Ramsey St, Fayetteville, NC for Sale
$3,932,737 USD
Drug Store - FOR SALE
1/2
null | 8% Cap Rate

3300 Ramsey St
Fayetteville, NC 28301
Brookwood


HIGHLIGHTS

  • Major employers include Fort Liberty (63,000), Cape Fear Valley Health System (7,100), and Cumberland County Schools (5,800).
  • Methodist University (1.9K students), Fayetteville State University (6.7K students; 500+ faculty), and Fayetteville Technical CC (28K students).
  • According to Placer.ai, this location ranks 1st out of 10 other Walgreens locations in customer visits in a 15-mile radius.
  • Located on Ramsey Street (U.S. 401), a primary north–south arterial with ±58,600 vehicles per day and direct access to I-295/I-95.

OVERVIEW

We are pleased to offer for sale the Walgreens property located at 3300 Ramsey Street, Fayetteville, NC 28301 (the “Property”). Walgreens operates under a double net lease (NN), with landlord responsibilities limited to roof and structure with approximately six (6) years remaining on the current term before their first cancellation option. The Property is located on Ramsey Street (U.S. 401), with a combined traffic count of ±58,600 vehicles per day. Ramsey Street serves as a north–south arterial through Fayetteville and connects directly to Interstate 295. The Fayetteville area is ranked among the Top 5 Defense Industry Development areas in the U.S. with top American defense contractors located in the area, including Lockheed Martin, Boeing, and General Dynamics. Within 5 miles of the Property are multiple medical, educational, and retail facilities. The Fayetteville VA Medical Center (60 beds) is 1.1 miles south, and the Cape Fear Valley Health System (700± beds) serves the broader region. Higher education institutions nearby include Methodist University (1,910 students), Fayetteville State University (6,700 students; 500+ faculty), and Fayetteville Technical Community College (28,000 students). Nearby retail includes Ramsey Commons (Walmart Supercenter, Starbucks, Chick-fil-A, PetSmart) located 1–1.5 miles north, and Cross Creek Mall (1.05 million square feet; Belk, Macy’s, JCPenney) located 3.8 miles west. Listed in conjunction with Brian Brockman, Bang Realty, 513.898.1551, wg@bangrealty.com, NC DRE Lic #298998.

FOR SALE DETAILS

PRICE

$3,932,737 USD

PRICE/SF

$271 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Medical Corridor | Top Placer.ai Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2001

SPRINKLERS

-

PARKING SPACES

75

LAND DETAILS

CROSS STREETS

Tokay Dr

LAND ACRES

2.33 AC

LAND SF

101,494 SF

ZONING

C1

APN/PARCEL ID

0439-62-5955

ASK ABOUT THIS PROPERTY

Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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Jason PongsrikulPharma Property Group- Drugstore SpecialistsMore Info
619-297-0055

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