419 W Broad St - Drug Store FOR SALE


Saint Pauls, NC 28384
$2,625,000 USD
248-702-0288
419 W Broad St, Saint Pauls, NC for Sale
$2,625,000 USD
Drug Store - FOR SALE
1/8
null | 8% Cap Rate

419 W Broad St
Saint Pauls, NC 28384


HIGHLIGHTS

  • Absolute NNN Lease | Zero Landlord Responsibilities
  • Explosive Sales Reports | $8.5M+ | Up 7% from 2022
  • Ideal Access & Visibility | 4 Points of Ingress/Egress
  • Only National Drug Store in the Area | Nearest Walgreens is Located Over 12.5-Miles Away
  • Hard Corner Signalized Intersection | Traffic Counts at Intersection Exceed 21,291+ VPD
  • 5% Rent Increases In Each Option Period

OVERVIEW

Absolute NNN Lease | Zero Landlord Responsibilities

FOR SALE DETAILS

PRICE

$2,625,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kerr Drug

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.03 AC

LAND SF

44,867 SF

ZONING

HB

APN/PARCEL ID

3813-02-001

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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