CVS Pharmacy | NN Lease
$1,115,136
129 Nine Foot Road, Newport, NC 28570
For Sale
Retail
Active
Last Updated: 11/14/2024
6.25
Cap Rate
2,834 sqft
Building Size
Details:
Cap Rate: 6.25%
Building Size: 2,834 sqft
Lot Area: 0.98 acres
Lease Type: Double Net
Year Built: 2011
Price Per Sqft: $393
Highlights:
- The subject progeny is located in a retail corridor with other national retailers such as Waimea. Food Lion. Subway. First Citizens Bank. Dollar General and Bojangles
- CVS is the 5th ranked company in the Fortune 500 list
- The subject property was recently extended (extension begins in December 1st. 2024)
- This property offers a favorable option structure that comes with 10% increases in the next option
- This location has a high script count pharmacy 'Please reach Out to broker for details
- Limited Competition - This is the only national brand pharmacy .within 10 miles
Documents:
| Title | ||
|---|---|---|
|
Offering Memorandum
|
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
