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This Retail Property is no longer advertised on LoopNet.com.
325 Pineola St
Newland, NC 28657
CVS Pharmacy (Ground Lease) · Retail Property For Sale

Investment Highlights
- Exceptionally Low Price Point / Low Rent for CVS Pharmacy (Ground Lease)
- 20-Year Operating History - 1st Renewal Option Exercised
- Absolute Net Ground Lease (No Landlord Responsibilities)
- 20-Year Operating History - 1st Renewal Option Exercised
- 4.00% Rental Increases (Every 5-Years)
- Average Household Income - $70,684 (3-Mile)
Property Facts
Property Type
Retail
Property Subtype
Drug Store
Building Size
12,000 SF
Building Class
C
Year Built
2000
Tenancy
Single
Building Height
1 Story
Building FAR
0.47
Lot Size
0.59 AC
Zoning
NULL
Amenities
- Drive Thru
Property Taxes
| Parcel Number | 1836-14-42-9749-00000 | Improvements Assessment | $17,000 |
| Land Assessment | $365,900 | Total Assessment | $382,900 |
Property Taxes
Parcel Number
1836-14-42-9749-00000
Land Assessment
$365,900
Improvements Assessment
$17,000
Total Assessment
$382,900
Listing ID: 19760710
Date on Market: 6/2/2020
Last Updated:
Address: 325 Pineola St, Newland, NC 28657
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