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Drug Store

Walgreens

3001 E Market St, Greensboro, NC 27405

Listing Price: $1,833,220

Cap Rate
10.00%
Tenant Name
Walgreens Corporate
Years Remaining On Lease
1.2
Guarantor
Corporate Guarantee
Rentable SF
9,936
Lease Type
Double Net
Rent Per Square Feet
$18.45

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 3001 E. Market Street in Greensboro, North Carolina. The site constructed in 1999, consists of roughly 9,936 rentable square feet of building space and sits on an approximately 1.22-acre parcel of land. Walgreens is subject to a double-net lease, which expires on November 30th, 2022. The current annual rent is $183,322 and increases to $188,696 on December 1st, 2021.

Investment Highlights

  • Over 1-Year Remaining on a Double-Net Lease
  • Corporate Location, Corporate Guarantee
  • High Yield Opportunity

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s) NC: 303785

    North Carolina

Financing By

Listing Price: $1,833,220

Cap Rate
10.00%
Tenant Name
Walgreens Corporate
Years Remaining On Lease
1.2
Guarantor
Corporate Guarantee
Rentable SF
9,936
Lease Type
Double Net
Rent Per Square Feet
$18.45

Investment Highlights

  • Over 1-Year Remaining on a Double-Net Lease
  • Corporate Location, Corporate Guarantee
  • High Yield Opportunity

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Walgreens located at 3001 E. Market Street in Greensboro, North Carolina. The site constructed in 1999, consists of roughly 9,936 rentable square feet of building space and sits on an approximately 1.22-acre parcel of land. Walgreens is subject to a double-net lease, which expires on November 30th, 2022. The current annual rent is $183,322 and increases to $188,696 on December 1st, 2021.

Exclusively Listed By

Broker of Record

  • Benjamin Yelm

    Regional Manager

    (843) 952-2222

    License(s): NC: 303785

    North Carolina

Financing By

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