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CVS Pharmacy | NN Lease

$1,115,136

129 Nine Foot Road, Newport, NC 28570

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
Map:
Documents:
Title
Offering Memorandum
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Location
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