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

$2,590,200

408 Beaman Street, Clinton, NC 28328

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

Map:
Documents:
Title
Offering Memorandum
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Location
Gallery