Walgreens (Dark) | Absolute Triple Net (NNN) Leased Offering
$2,590,200
408 Beaman Street, Clinton, NC 28328
For Sale
Retail
Free Standing
Pending
Last Updated: 11/03/2022
12
Cap Rate
310,825
NOI
Details:
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:
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Offering Memorandum
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Location

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