4000 Battleground Ave - Drug Store FOR SALE


Greensboro, NC 27410- Northwest Greensboro
$2,900,000 USD
919-612-6588
4000 Battleground Ave, Greensboro, NC for Sale
$2,900,000 USD
Drug Store - FOR SALE
1/32
null | 5% Cap Rate

4000 Battleground Ave
Greensboro, NC 27410
Northwest Greensboro


HIGHLIGHTS

  • NNN Investment
  • ~17 years of initial term left on the lease
  • Investment-Grade Tenant – CVS Health (NYSE: CVS) - BBB

OVERVIEW

This offering presents the opportunity to acquire a CVS Pharmacy NNN ground lease located at a signalized hard corner along Battleground Avenue, one of Greensboro’s primary retail corridors. The property features approximately 17 years remaining on the current lease term, providing investors with long-term, passive income backed by a nationally recognized, investment-grade tenant. The site benefits from excellent surrounding demographics and retail synergy, including its position as an outparcel to a strong Harris Teeter–anchored shopping center. Battleground Avenue carries approximately 20,000 vehicles per day, offering consistent exposure and accessibility. The surrounding trade area is characterized by above-average household incomes, dense residential neighborhoods, multifamily communities, and nearby assisted living facilities that further support pharmacy demand.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

CVS - GROUND LEASE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

PUD

APN/PARCEL ID

0080363

ASK ABOUT THIS PROPERTY

Jesse DurhamCityPlatMore Info
919-612-6588

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Jesse DurhamCityPlatMore Info
919-612-6588

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