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Walgreens 201 Hillsboro St 14,820 SF Retail Building Oxford, NC 27565 $4,800,000 ($323.89/SF) 8.33% Cap Rate
Investment Highlights
- Absolute Net Lease Through 9/30/2034
- +/- 14,820 Square Feet on 2 Acres
- Retail Market Occupancy of 97.6%, Per Costar
- Built-to-Suit in 2009
- Hard corner location with multiple points of ingress & egress
- Over 15,000 Residents Within Five Miles With Average Household Income of $71,325
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2009
Price
$4,800,000
Price Per SF
$323.89
Cap Rate
8.33%
NOI
$400,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
2.00 AC
Zoning
B1
Parking
78 Spaces (5.26 Spaces per 1,000 SF Leased)
Frontage
344’ on Hillsboro St
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 192317014917 | Improvements Assessment | $1,976,050 |
| Land Assessment | $925,500 | Total Assessment | $2,901,550 |
Property Taxes
Parcel Number
192317014917
Land Assessment
$925,500
Improvements Assessment
$1,976,050
Total Assessment
$2,901,550
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Walgreens | 201 Hillsboro St
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