3408 US 1
Franklinton, NC 27525
Walgreens · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Outparcel to Franklinton Square Shopping Center | Food Lion anchored grocery center | Primary destination retail for the surrounding area
- Relocation store from nearby location | Established customer base
- New 10-year lease
- Brand new 2023 construction
- Great visibility and convenient access from US-1 | 17,000 VPD | Direct thoroughfare into downtown Raleigh
- Corporate lease | Walgreen Co. | 9,021 locations across all 50 states
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,520 SF
Building Class
C
Year Built
2023
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.55 AC
Zoning
C-3H
Parking
45 Spaces (17.86 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 049179 | Improvements Assessment | $510,640 |
| Land Assessment | $816,750 | Total Assessment | $1,327,390 |
