Drug Store
Walgreens
201 Hillsboro St, Oxford, NC 27565
Listing Price: $4,800,000
Cap Rate
8.33%
Tenant Name
Walgreens
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$26.99
Investment Overview
Marcus & Millichap is pleased to present this Walgreens in Oxford, NC. Walgreens is on an absolute net lease through 9/30/2034 with multiple renewal options.
Investment Highlights
- Absolute Net Lease Through 9/30/2034
- +/- 14,820 Square Feet Built-to-Suit in 2009 on 2 Acres
- Retail Market Occupancy of 97.6%, Per Costar
- Over 15,000 Residents Within Five Miles With Average Household Income of $71,325
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Financing By
Listing Price: $4,800,000
Cap Rate
8.33%
Tenant Name
Walgreens
Years Remaining On Lease
8.7
Guarantor
Corporate Guarantee
Rentable SF
14,820
Lease Type
Absolute Net
Rent Per Square Feet
$26.99
Investment Highlights
- Absolute Net Lease Through 9/30/2034
- +/- 14,820 Square Feet Built-to-Suit in 2009 on 2 Acres
- Retail Market Occupancy of 97.6%, Per Costar
- Over 15,000 Residents Within Five Miles With Average Household Income of $71,325
Investment Overview
Marcus & Millichap is pleased to present this Walgreens in Oxford, NC. Walgreens is on an absolute net lease through 9/30/2034 with multiple renewal options.
Exclusively Listed By
Broker of Record
-
Charles Gallagher
Senior Director, Market Leader- Washington D.C./Virgina/Maryland
Financing By