735 Cabarrus Ave W | Concord, NC 28027
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735 Cabarrus Ave W
Concord, NC 28027
Walgreens Absolute NNN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15 Years Absolute NNN Lease with Rental Increases Every 5 Years
- Recent Lease Extension Shows Commitment to the Location
- Corporate Guaranty - NASDAQ:WBA
- Zero Landlord Obligations
- S&P Rated BBB Investment Grade Credit
- Heavily Trafficked Location
PROPERTY FACTS
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,905 SF
Building Class
B
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
2.20 AC
Zoning
C-2
Parking
50 Spaces (3.59 Spaces per 1,000 SF Leased)
Frontage
317’ on Cabarrus Ave
PROPERTY TAXES
| Parcel Number | 5620-02-9873-0000 | Improvements Assessment | $2,111,640 |
| Land Assessment | $1,914,020 | Total Assessment | $4,025,660 |
PROPERTY TAXES
Parcel Number
5620-02-9873-0000
Land Assessment
$1,914,020
Improvements Assessment
$2,111,640
Total Assessment
$4,025,660
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