801 Mebane Oaks Rd - Drug Store FOR SALE


Mebane, NC 27302
$5,945,000 USD
503-559-8513
801 Mebane Oaks Rd, Mebane, NC for Sale
$5,945,000 USD
Drug Store - FOR SALE
1/9
null | 5.75% 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

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

$5,945,000 USD

PRICE/SF

$436 USD /SF

CAP RATE

5.75%

% 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.