Skip to main content

Single-Tenant Vacant-User

Walgreens (Dark)

1910 Falls Valley Dr, Raleigh, NC 27615

Listing Price: $4,626,000

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
1.6
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.14

Investment Overview

Marcus & Millichap is pleased to present for sale a Dark Walgreens located in North Raleigh, North Carolina.

Investment Highlights

  • Dark Walgreens in North Raleigh, NC
  • Income Producing Asset with Reposition Potential
  • NNN Lease with Credit Tenant Expiring in August 2024
  • Signalized Intersection with 40,000 Vehicles Per Day
  • Quality Brick Construction on All Sides
  • Double-Drive Thru Lanes | Brick Monument Signage
  • One (1) Mile to a Wake Med North Hospital with 535 Employees
  • $114,000 Average Household Incomes in 3-Mile Radius

Exclusively Listed By

Single-Tenant Vacant-User

Walgreens (Dark)

Listing Price: $4,626,000

Cap Rate
9.00%
Tenant Name
Walgreens
Years Remaining On Lease
1.6
Guarantor
Corporate Guarantee
Rentable SF
13,813
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$30.14

Investment Highlights

  • Dark Walgreens in North Raleigh, NC
  • Income Producing Asset with Reposition Potential
  • NNN Lease with Credit Tenant Expiring in August 2024
  • Signalized Intersection with 40,000 Vehicles Per Day
  • Quality Brick Construction on All Sides
  • Double-Drive Thru Lanes | Brick Monument Signage
  • One (1) Mile to a Wake Med North Hospital with 535 Employees
  • $114,000 Average Household Incomes in 3-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present for sale a Dark Walgreens located in North Raleigh, North Carolina.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower