101 E Fleming Dr | Morganton, NC 28655
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101 E Fleming Dr
Morganton, NC 28655
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walgreens in Morganton, NC | Approximately 50 Miles East of Asheville
- Absolute Triple Net (NNN) Lease Terms | Zero Landlord Responsibilities
- Dense Trade Area | Approximately 750K Square Feet of Retail Space Within 1 Mile of the Subject
- Strong Corporate Guaranty From Walgreens Co. | S&P: BBB
- Subject Features a Drive-Thru Component | Increased Store Efficiency and Customer Flow
- National Retailers Nearby the Subject Include: Burger King, Little Caesars, Dollar General, Wells Fargo, and TD Bank
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,050 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
1.70 AC
Zoning
Commercial Retail - Commercial Retail
Parking
62 Spaces (5.68 Spaces per 1,000 SF Leased)
Frontage
383’ on S Sterling St
PROPERTY TAXES
| Parcel Number | 3777 | Improvements Assessment | $2,630,069 |
| Land Assessment | $1,109,460 | Total Assessment | $3,739,529 |
PROPERTY TAXES
Parcel Number
3777
Land Assessment
$1,109,460
Improvements Assessment
$2,630,069
Total Assessment
$3,739,529
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