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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

PROPERTY TAXES

Parcel Number
3777
Land Assessment
$1,109,460
Improvements Assessment
$2,630,069
Total Assessment
$3,739,529
  • Listing ID: 23822467

  • Date on Market: 8/2/2021

  • Last Updated:

  • Address: 101 E Fleming Dr, Morganton, NC 28655

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