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Walgreens 6638 Jordan Rd

3,100 SF Retail Building Ramseur, NC 27316 $2,029,000 ($655/SF) 5.50% Cap Rate

Retail Buildings North Carolina Ramseur 6638 Jordan Rd, Ramseur, NC 27316

Investment Highlights

  • Signalized corner intersection with great visibility & convenient access from Jordan Rd | 20,000 VPD
  • New small format Walgreens with drive-thru | Relocation from nearby store with existing strong customer base
  • Corporate lease | Walgreen Co. | 8,886 locations nationwide
  • 2024 brand new construction | Fresh 10-year lease
  • Absolute Net Lease | Zero Landlord responsibilities
  • Limited competition | No national brand pharmacies within nearly 10 miles

Executive Summary

Al Dickens and Ransome Foose of Berkeley Capital Advisors are pleased to present for sale Walgreens in Ramseur, NC. We welcome your review of this attractive investment.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,100 SF
Building Class
B
Year Built
1975
Price
$2,029,000
Price Per SF
$655
Cap Rate
5.50%
NOI
$111,595
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.51 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
B
Parking
15 Spaces (4.84 Spaces per 1,000 SF Leased)

Amenities

  • Signage
  • Drive Thru

Links

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Nearby Major Retailers

Cook Out
Lowes Foods

PROPERTY TAXES

Parcel Number 8702-53-3822 Improvements Assessment $120,410
Land Assessment $101,750 Total Assessment $222,160

PROPERTY TAXES

Parcel Number
8702-53-3822
Land Assessment
$101,750
Improvements Assessment
$120,410
Total Assessment
$222,160
(704) 714-2368

Contacts

  • Listing ID: 33675502

  • Date on Market: 10/29/2024

  • Last Updated:

  • Address: 6638 Jordan Rd, Ramseur, NC 27316

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6638 Jordan Rd, Ramseur, NC for sale Building Photo- Image 1 of 8
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Building 3
6638 Jordan Rd, Ramseur, NC for sale Building Photo- Image 5 of 8
Drive Thru
6638 Jordan Rd, Ramseur, NC for sale Building Photo- Image 6 of 8
Site Plan
6638 Jordan Rd, Ramseur, NC for sale Building Photo- Image 7 of 8
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Walgreens | 6638 Jordan Rd
(704) 714-2368 x

Walgreens | 6638 Jordan Rd

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Al Dickens

(704) 714-2368

(704) 714-2368

Ransome Foose

(704) 379-1985

(704) 379-1985

Jake Zapata

(210) 587-5388

(210) 587-5388

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