Walgreens for Sale in Greensboro, NC
Greensboro, NC
Key Investment Metrics
Price
$1,800,000
Cap Rate
7.0%
Net Operating Income
$125,939
Building Size
2502 SF
Land Area
1.01 Acres
Remaining Term
8 years
Lease Expiration
02/28/2034
Lease Term
10 years
Lease Commencement
02/29/2024
Lease Type
Absolute NNN
Year Built
2024
Occupancy
100%
Tenancy
Single
Rent Increases
5% in Each Option
Property overview
Walgreens in Greensboro
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 2,502 SF
- Land area
- 1.01 acres
- Year built
- 2024
- Lease type
- Absolute NNN
- Lease expiration
- 02/28/2034
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.