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5712 Castle Hayne Rd
Castle Hayne, NC 28429 Castle Hayne

$3,718,095 USD

Drugstore For Sale • 11,941 SF

Property Details

Property Type Drugstore
Total Building Size 11,941 SF
Lot Size 2.2 AC
Building Class C
Year Built 2007
Cap Rate 5.25 %
Tenancy Single
Zoning B-2

0 Transit Score

48 Walk Score

                
                    Highlights
                
                                Absolute NNN lease with 14+ years remaining and no rent holiday.
                            
                                Corporate guarantee from investment grade tenant (BBB).
                            
                                Consistent population growth surrounding the property and the entire Wilmington MSA.
                            
                                Located on a signalized intersection with 18,280 VPD.
                            
                                Directly across from CVS, Circle K is expanding their building and signed a new 15-year lease.

Property Flyers

Offering Memorandum

5712 Castle Hayne Rd

Cap Rate:

5.25 %

Major Tenants

Tenant	SF Occupied	Lease End Date
CVS Pharmacy

Amenities

Dedicated Turn Lane
Pylon Sign
Signage
Drive Thru

Public Transportation

Airport	Drive	Walk	Distance
Wilmington International	16 min	-	7.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	50
Type:	Surface
Included in Rent:	Yes

CJ Brill 310-793-6069 Transwestern Real Estate Services

5712 Castle Hayne Rd Castle Hayne, NC 28429 Castle Hayne