This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Walgreens 7143 Knightdale Blvd

14,550 SF Retail Building Knightdale, NC 27545 $4,500,000 ($309/SF) 7% Cap Rate

Investment Highlights

  • Signalized corner intersection | Knightdale Blvd & N Smithfield Rd
  • Corporate Lease | Walgreen Co. | 8,886+ locations nationwide
  • Long operating history | Leased since 2006
  • Absolute Net Lease | Zero landlord responsibilities
  • Outparcel to a Food Lion anchored shopping center | 55,000 SF of retail space
  • Explosive population growth within a 3-mile radius | 55.13% from ’10-‘24

Executive Summary

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

Property Facts

Sale Type
Investment NNN
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,550 SF
Building Class
B
Year Built
2005
Price
$4,500,000
Price Per SF
$309
Cap Rate
7%
NOI
$315,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Land Acres
2.38 AC
Zoning
HB
Parking
45 Spaces (3.09 Spaces per 1,000 SF Leased)
Frontage
96 FT on Knightdale Blvd

Amenities

  • Dedicated Turn Lane
  • Signage
  • Drive Thru

Nearby Major Retailers

Rent-A-Center
Cook Out
Hwy 55 Burgers Shakes & Fries
Food Lion
Smithfield's Chicken & BBQ
Planet Fitness
Buffalo Wild Wings
Burn Boot Camp
CrossFit
IHOP

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
1754.09-16-8189-000
Land Assessment
$1,879,566
Improvements Assessment
$5,286,151
Total Assessment
$7,165,717
  • Listing ID: 33437030

  • Date on Market: 10/7/2024

  • Last Updated:

  • Address: 7143 Knightdale Blvd, Knightdale, NC 27545

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}