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

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

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}