801 Mebane Oaks Rd - Drug Store FOR SALE


Mebane, NC 27302
$5,030,000 USD
503-559-8513
801 Mebane Oaks Rd, Mebane, NC for Sale
$5,030,000 USD
Drug Store - FOR SALE
1/9
null | 6.8% Cap Rate

801 Mebane Oaks Rd
Mebane, NC 27302


HIGHLIGHTS

  • NNN Leased Investment Property--Perfect for 1031 Exchange
  • 100% Bonus Depreciation
  • Hard Corner--High Traffic Count
  • Average household income: $95,051.00
  • Mebane is the fastest growing community in North Carolina

OVERVIEW

Cap Rate 6.8%. Walgreens. Corporate guaranteed lease. NNN Leased Investment Property. Located in Mebane, one the fastest growing communities in North Carolina. Perfect for 1031 exchange. Lease commencement 2010. 75-year lease with 60 years remaining. No landlord responsibilities. Walgreens net worth $10.12B. Mebane NC is located 35 minutes east of Greensboro and 25 minutes west of Durham. Average household income: $95,051.00. Located in the "Research Triangle". Hard corner location with high traffic count. 100% Bonus Depreciation Benefit.

FOR SALE DETAILS

PRICE

$5,030,000 USD

PRICE/SF

$368 USD /SF

CAP RATE

6.8%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walgreens

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2010

SPRINKLERS

-

PARKING SPACES

74

LAND DETAILS

LAND ACRES

1.62 AC

LAND SF

70,567 SF

ZONING

MBC16

APN/PARCEL ID

164591

ASK ABOUT THIS PROPERTY

Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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Anita RisbergOmnivest LLC, Commercial Real EstateMore Info
503-559-8513

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