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
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

