Drug Store
Walgreens
5900 Carolina Beach Rd, Wilmington, NC 28412
Listing Price: $5,765,000
Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
61.4
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.21
Investment Overview
Marcus & Millichap is pleased to exclusively present 5900 Carolina Beach Road, Wilmington, North Carolina.
Exclusively Listed By
Broker of Record
Listing Price: $5,765,000
Cap Rate
7.25%
Tenant Name
Walgreens
Years Remaining On Lease
61.4
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$28.21
Investment Highlights
- The building was constructed for Walgreens in 2010 with 40 dedicated parking spaces
- Outparcel to Harris Teeter grocery store
- Wilmington is known for its charming downtown and proximity to family friendly beaches
Investment Overview
Marcus & Millichap is pleased to exclusively present 5900 Carolina Beach Road, Wilmington, North Carolina.
Exclusively Listed By
Broker of Record
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