Share This Listing

Message

950 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Walgreens 5717 S NC-41 Hwy 14,820 SF Retail Building Wallace, NC 28466 $3,200,000 ($215.92/SF) 7.50% Cap Rate

Save this listing!

Favorite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Located on the intersection of NC Hwy 11 and NC Hwy 41.
  • Less than two miles to I-40.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
14,820 SF
Building Class
B
Year Built
2007
Price
$3,200,000
Price Per SF
$215.92
Cap Rate
7.50%
NOI
$240,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.86 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
63 Spaces (4.25 Spaces per 1,000 SF Leased)
Frontage
343’ on North Carolina 41

NEARBY MAJOR RETAILERS

Food Lion
Hwy 55 Burgers Shakes & Fries
United Community Bank
Woodforest National Bank
First Bank NC
Zaxby's
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-785
Land Assessment
$830,000
Improvements Assessment
$2,067,332
Total Assessment
$2,897,332
  • Listing ID: 35994425

  • Date on Market: 5/27/2025

  • Last Updated:

  • Address: 5717 S NC-41 Hwy, Wallace, NC 28466

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") }}