Walgreens (Dark) | Absolute Triple Net (NNN) Leased Offering

408 Beaman Street, Clinton, NC

IN CONTRACT

$2,590,200

Price

12%

Cap Rate

$310,825

NOI

Overview
Cap Rate
12%
NOI
$310,825
Building Size
14,490 sqft
Lot Area
2.07 acres
Lease Type
Absolute Net
Year Built
2004
Roof
Tenant’s Responsibility
Description

Absolute Triple-Net (NNN) Lease with Corporate Guaranty
4 Years Remaining on Lease Term
18,084 Residents within a 5-Mile Radius
Households Projected to Increase 3%+ in Immediate Area by 2024
Signalized Hard Corner Location, Visible to 11,200+ Cars/Day at the Intersection of Beaman Street & East Johnson Street/Balsey Street
Average Household Income Exceeds $59,000 within 5 Miles of the Subject Property
Directly Across from Sampson Regional Medical Center (146 Beds)
Down the Road from Downtown Clinton

Documents
Title
Offering Memorandum
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Location
Gallery