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101 W Main St

13,813 SF Retail Building Havelock, NC 28532 £2,233,937 (£162/SF) 7.50% Net Initial Yield

Investment Highlights

  • Single Tenant Freestanding Walgreens in Havelock, NC
  • 1,200+ People Reside within 1 Mile Radius of Site - 4,900+ People Reside within 3 Mile Radius of Site
  • 10,300+ Daytime Employees within 3 Mile Radius of Site
  • Absolute NNN Lease - 5 Years Remaining with Zero (0) Landlord Responsibilities
  • High Traffic Counts - 30,000+ Vehicles Pass Site Per Day on West Main Street
  • Essential Retailer - Internet, Pandemic, and Recession Resistant Tenant

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
13,813 SF
Building Class
B
Year Built
2004
Price
£2,233,937
Price Per SF
£162
Net Initial Yield
7.50%
NOI
£167,545
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Land Acres
1.76 AC
Zoning
HC,highway commercial, - Highway Commercial
Parking
50 Spaces (3.61 Spaces per 1,000 SF Leased)
Frontage
389 ft on W Main St/Service Rd

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-060-021
Land Assessment
£597,107
Improvements Assessment
£1,574,528
Total Assessment
£2,171,636
  • Listing ID: 32614485

  • Date on Market: 29/07/2024

  • Last Updated:

  • Address: 101 W Main St, Havelock, NC 28532

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