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300 E Cornwallis Dr
Greensboro, NC 27408
Walgreens · Retail Property For Sale
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,650 SF
Building Class
B
Year Built
2009
Tenancy
Single
Building Height
1 Story
Building FAR
0.23
Lot Size
1.36 AC
Zoning
GB
Parking
51 Spaces (3.74 Spaces per 1,000 SF Leased)
Frontage
132’ on E Cornwallis
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 300 E CORNWALLIS DR , GREENSBORO, NC 27408
Stan Johnson Company is pleased to offer for sale to qualified investors, $9,440,000 Cap Rate: 6.25% the opportunity to purchase a fee simple interest in the Walgreens property located at 300 E. Cornwallis Drive, Greensboro, North Carolina (the “Property”). Walgreens is operating under the original lease structure, a 25-year absolute NNN lease with zero landlord responsibilities, allowing investors the ability to acquire a truly passive credit investment. The lease has 14 years, 8 months remaining. Walgreens has been at this location since 2009.
Property Taxes
| Parcel Number | 0012875 | Improvements Assessment | $1,918,100 |
| Land Assessment | $1,016,600 | Total Assessment | $2,934,700 |
Property Taxes
Parcel Number
0012875
Land Assessment
$1,016,600
Improvements Assessment
$1,918,100
Total Assessment
$2,934,700
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