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106 W Martin Luther King Dr
Maxton, NC 28364

Walgreens Absolute NNN Drugstore - Maxton, NC · Retail Property For Sale

Investment Highlights

  • Absolute Triple Net (NNN) Lease - Allowing For a True Passive Investment and Zero Landlord Responsibilities
  • Strong Guarantor – Walgreen Co. a Subsidiary of Walgreens Boots Alliance Inc. (NASDAQ: WBA) Reported Total Revenues in Excess of $139 Billion in the 2
  • Full-Service Location With Drive-Thru; The Store Offers Curbside Pickup and Delivery
  • Multiple 5 Year Options to Extend With Fixed Increases of 5%, Providing Landlord Leverage Upon Renewal
  • Complete Walgreen Conversion Which Shows Commitment to the Site
  • Investment Grade Tenant (S&P: BBB) With Corporate Guarantee

PROPERTY FACTS

Property Type
Retail
Property Subtype
Drug Store
Building Size
10,342 SF
Building Class
B
Year Built
2005
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.05 AC
Zoning
RSFD - Commercial
Parking
49 Spaces (4.86 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
3306-02-038
Land Assessment
£237,183
Improvements Assessment
£645,987
Total Assessment
£883,171
  • Listing ID: 22779230

  • Date on Market: 19/04/2021

  • Last Updated:

  • Address: 106 W Martin Luther King Dr, Maxton, NC 28364

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