803 Main St | Lillington, NC 27546
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803 Main St
Lillington, NC 27546
CVS Lillington NC $1.9M 5% CAP 15 Yrs NNN · Retail Property For Sale
Investment Highlights
- STABLE INCOME - Income guaranteed by CVS Corporation with over 9,900 locations.
- 5% RENTAL INCREASES EVERY 5 YRS IN THE OPTIONS - The CVS lease allows for rental increases of 5% every five years during the options.
- JUST 2 MIS FROM CENTRAL HARNETT HOSPITAL - Central Harnett Hospital is a 44-bed hospital with 24-hr emergency services serving ±28K patients annually.
- ABSOLUTE NET LEASE WITH NEW 15YR LEASE - CVS has agreed to a new absolute net 15-yr lease with 10 (5-year) options to extend.
- ONLY NATIONAL BRAND DRUGSTORE IN LILLINGTON - This CVS is the only national brand drugstore in Lillington, nearest CVS or Walgreens are 12 mi SE.
- CENTRALLY LOCATED BETWEEN FAYETTEVILLE & RALEIGH - Located along Hwy 210 midway from Fayetteville to Raleigh with ±28,500 VPD passing this CVS.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
10,125 SF
Building Class
C
Year Built
2003
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.22
Lot Size
1.04 AC
Zoning
LILLINGT
Parking
46 Spaces (4.9 Spaces per 1,000 SF Leased)
Frontage
190 FT on North Carolina 27
Amenities
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 10055906160009 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,495,720 |
PROPERTY TAXES
Parcel Number
10055906160009
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,495,720
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