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Walgreens 5717 S NC-41 Hwy 14,820 SF Retail Building Wallace, NC 28466 $3,200,000 ($215.92/SF) 7.50% Cap Rate
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
Property Taxes
| Parcel Number | 09-785 | Improvements Assessment | $2,067,332 |
| Land Assessment | $830,000 | Total Assessment | $2,897,332 |
Property Taxes
Parcel Number
09-785
Land Assessment
$830,000
Improvements Assessment
$2,067,332
Total Assessment
$2,897,332
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Walgreens | 5717 S NC-41 Hwy
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