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115 W Main St
Beulaville, NC 28518

$2,850,000 USD

Drugstore For Sale  •  14,447 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,447 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1900
  • Cap Rate 7.66 %
  • Tenancy Single
  • Zoning HB
0 Transit Score
52 Walk Score

Highlights

Absolute NNN lease.
Lease calls for 5% rental increases every 5 years throughout the base term providing a hedge against inflation.
Walgreens is S&P Rated BBB- providing long-term security.
Walgreens is the only competition in town and the nearest drug store is over 11 miles away.
Cap Rate: 7.66 %

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Albert J Ellis 27 min - 15.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Connor Shell 407-913-9009 Stream Capital Partners
Connor Shell 407-913-9009 Stream Capital Partners