115 W Main St | Beulaville, NC 28518
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- LoopNet Team
115 W Main St
Beulaville, NC 28518
Walgreens · Retail Property For Sale
Investment Highlights
- Absolute NNN lease with 11.5+ years remaining.
- Walgreens is S&P Rated BBB- providing long-term security.
- Positioned near the signalized intersection of W Main St & S jackson St which has a combined traffic count of ~25,000 VPD.
- Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation
- Walgreens is the only competition in town and the nearest drug store is over 11 miles away.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,447 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.96
Lot Size
0.34 AC
Zoning
HB - Highway Business
Parking
60 Spaces (4.15 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 07-277 | Improvements Assessment | $1,360,400 |
| Land Assessment | $1,030,000 | Total Assessment | $2,390,400 |
PROPERTY TAXES
Parcel Number
07-277
Land Assessment
$1,030,000
Improvements Assessment
$1,360,400
Total Assessment
$2,390,400
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