4408 New Bern Ave | Raleigh, NC 27610
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- LoopNet Team
4408 New Bern Ave
Raleigh, NC 27610
Walgreens - Hard Corner Location · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Walgreens - 8.5+ Years Remaining on Current Term
- Store Reporting Above Average Sales
- Tremendous Historical and Projected Population Growth - 20% Since 2011
- Large 2+ Acre Site on Very Busy Intersection (46,000+ VPD)
- Major Retail Thoroughfare in East Raleigh - Directly Across the Street from Walmart Super Center
- Raleigh is the Capital of NC and the 2nd Largest City in the State - the City was #1 on Forbes List for The Best Place for Business & Careers in NC
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,560 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
2.10 AC
Zoning
I-1
Parking
67 Spaces (0 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 1724.12-95-8642-000 | Improvements Assessment | $3,936,533 |
| Land Assessment | $1,322,956 | Total Assessment | $5,259,489 |
PROPERTY TAXES
Parcel Number
1724.12-95-8642-000
Land Assessment
$1,322,956
Improvements Assessment
$3,936,533
Total Assessment
$5,259,489
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