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290 Old Franklin Tpke
Rocky Mount, VA 24151

$4,800,000 USD

Drugstore For Sale  •  14,550 SF

Property Details

  • Property Type Drugstore
  • Total Building Size 14,550 SF
  • Lot Size 1.38 AC
  • Building Class B
  • Year Built 2010
  • Tenancy Single
  • Zoning GB
40 Walk Score

Highlights

Absolute NNN lease with zero landlord responsibilities and ±9.6 years remaining.
Corporate Walgreens lease with annual rent of $538,500 and 11.22% cap rate.
Strategic location along US-220 corridor with ±18,100 vehicles per day.
±14,462 SF building constructed in 2010 on a high-visibility retail corridor.
Rocky Mount experiencing residential growth and major infrastructure investment.
100% occupied single-tenant property with strong national drugstore brand.

Amenities

  • Pylon Sign
  • Signalized Intersection
  • Drive Thru
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Roanoke/Blacksburg Regional (Woodrum Field) 41 min - 29.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 43
Type: Surface
Included in Rent: Yes
Chris Naylon 747-877-8169 Matthews Real Estate Investment Services
Chris Naylon 747-877-8169 Matthews Real Estate Investment Services